4772 Wallace LnLake IsabellaCA93240
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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
Investment property for sale in Lake Isabella at 4772 Wallace Ln, Lake Isabella, CA, 93240 uses $46,410 cash to close to unlock $3,098/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $685/mo payment keeps the spread at $258/mo. Purchase price stands at $140,000, and rental yield measures 9.63% with $1,124/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 138.72% and total cumulative return in cash records $64,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
0.33 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
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Listed by: Julie Jones • Miramar International - Lake Isabella
Mls Name: RAOR
Mls ID: #2607576