511 Jobes Way, Independence, CA, 93526 | $1,941/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Independence at 511 Jobes Way, Independence, CA, 93526 priced at $119,900 converts $3,283/mo rent into $1,941/mo cash flow after a $587/mo obligation. Total monthly income equals $3,283/mo, and annual cash flow totals $23,294/yr on $39,747 invested. Return on cash invested prints 78.51% in year one, and rental yield reads 32.86% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 423.79% and total cumulative return in cash sums $168,444. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,283/mo property income covering a $587/mo payment, not borrower’s personal income.

Manufactured

Built in 1991

N/A lot

$N/A/sqft

$600 month HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93526, Independence, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	501 (100%)
Owner Occupied HU	244 (48.7%)
Renter Occupied HU	90 (18.0%)
Vacant Housing Units	167 (33.3%)
Median Home Value	$314,815
Average Home Value	$406,865