56312 Cone BlvdLandersCA92285
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
Rental property for sale in Landers at 56312 Cone Blvd, Landers, CA, 92285 generates $1,245/mo in rent and, after a $783/mo payment, leaves $255/mo in cash flow. Total monthly income is $1,245/mo, and annual cash flow is $3,064/yr on $53,040 invested. Return on cash invested sits at 25.69% in year one, and rental yield is 9.34% on a $159,999 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 133.89% and total cumulative return in cash sums $71,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,245/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92285, Landers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,158 (100%) |
| Owner Occupied HU | 795 (36.8%) |
| Renter Occupied HU | 287 (13.3%) |
| Vacant Housing Units | 1,076 (49.9%) |
| Median Home Value | $324,537 |
| Average Home Value | $374,440 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Beale Dabbs • TNG Real Estate Consultants
Mls Name: CRMLS
Mls ID: #JT25219366