5021 Cherokee CtWeldonCA93283
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
Investment property for sale in Weldon at 5021 Cherokee Ct, Weldon, CA, 93283 at $169,900 posts ROI 50.04% with $1,414/mo cash flow from $2,472/mo rent. Total monthly income equals $2,472/mo, and annual cash flow records $16,970/yr on $56,322 to close. Return on cash invested measures 50.04% and rental yield reads 17.46% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 264.56% and total cumulative return in cash totals $149,006.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,472/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2007
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93283, Weldon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 646 (53.7%) |
| Renter Occupied HU | 210 (17.5%) |
| Vacant Housing Units | 347 (28.8%) |
| Median Home Value | $163,983 |
| Average Home Value | $193,599 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew James Freeman • Freeman's Lakeside Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2605849
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.