5124 Luna RdPhelanCA92371
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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
Rental property for sale in Phelan at 5124 Luna Rd, Phelan, CA, 92371 generates $1,880/mo in rent, after a $2,198/mo payment. Total monthly income is $1,880/mo. Return on cash invested sits at 12.67% in year one, and rental yield is 5.02% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 64.04% and total cumulative return in cash sums $95,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92371, Phelan, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,232 (100%) |
| Owner Occupied HU | 4,375 (70.2%) |
| Renter Occupied HU | 1,195 (19.2%) |
| Vacant Housing Units | 662 (10.6%) |
| Median Home Value | $498,568 |
| Average Home Value | $535,235 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,922
Multi-Family
0
Businesses
118
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Listed by: Suzann Alvarez • Coldwell Banker Home Source
Mls Name: CRMLS
Mls ID: #HD25177594