558 Channel WayNeedlesCA92363
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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 Needles at 558 Channel Way, Needles, CA, 92363 listed at $149,900 pairs $1,163/mo rent with a $734/mo payment to leave $235/mo cash flow. Total monthly income runs $1,163/mo, and annual cash flow reaches $2,825/yr on $49,692 cash to close. Return on cash invested measures 25.59% in year one, and rental yield registers 9.31% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 133.4% and total cumulative return in cash totals $66,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,163/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92363, Needles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 1,238 (32.2%) |
| Renter Occupied HU | 1,128 (29.4%) |
| Vacant Housing Units | 1,473 (38.4%) |
| Median Home Value | $136,389 |
| Average Home Value | $189,269 |
Housing Distribution
Address Breakdown
Residential
2,109
Single Family
1,769
Multi-Family
340
Businesses
274
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Listed by: Eric Valdez • Horizon Manufactured Homes INC
Mls Name: My State MLS
Mls ID: #11340330