48 Sherwood Ct #OUTEarpCA92242
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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 Earp at 48 Sherwood Ct #OUT, Earp, CA, 92242 uses $77,903 cash to close to unlock $1,493/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,578/mo, and a $1,150/mo payment keeps the spread at $124/mo. Purchase price stands at $235,000, and rental yield measures 8.06% with $1,578/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 113.15% and total cumulative return in cash records $88,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,578/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92242, Earp, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 505 (35.2%) |
| Renter Occupied HU | 115 ( 8.0%) |
| Vacant Housing Units | 816 (56.8%) |
| Median Home Value | $119,817 |
| Average Home Value | $236,767 |
Housing Distribution
Address Breakdown
Residential
4
Single Family
4
Multi-Family
0
Businesses
34
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Listed by: LARRY HUNT • Larry Hunt, Broker
Mls Name: Mountain Resort Communities AOR
Mls Provider:
Mls ID: #RW24209113
Disclaimer: Based on information from the Mountain Resort Communities Association of REALTORS as of 2025-02-12 14:25:18 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.