49 Panorama DrKernvilleCA93238
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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 Kernville at 49 Panorama Dr, Kernville, CA, 93238 uses $128,954 cash to close to unlock $6,126/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $2,917/mo, and a $1,904/mo payment keeps the spread at $511/mo. Purchase price stands at $389,000, and rental yield measures 9% with $2,917/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 128.32% and total cumulative return in cash records $165,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,917/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Multi Family
Built in 1957
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93238, Kernville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 547 (50.7%) |
| Renter Occupied HU | 181 (16.8%) |
| Vacant Housing Units | 351 (32.5%) |
| Median Home Value | $548,759 |
| Average Home Value | $778,135 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
103
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Listed by: Tony Click • Click Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2606948
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.