460 Tice RdLake IsabellaCA93240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Isabella at 460 Tice Rd, Lake Isabella, CA, 93240 generates $3,779/mo in rent, after a $4,861/mo payment. Total monthly income is $3,779/mo. Return on cash invested sits at 10.97% in year one, and rental yield is 4.57% on a $993,140 entry. Equity gained on principal adds $6,409/yr, while 5% annual appreciation builds toward $274,386 over five years. Five-year ROI reaches 55.03% and total cumulative return in cash sums $179,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,779/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
14.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Sweet • EDL Properties
Mls Name: RAOR
Mls Provider:
Mls ID: #2605317
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.