5646 Shoffstall LnWeldonCA93283
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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 Weldon at 5646 Shoffstall Ln, Weldon, CA, 93283 uses $43,095 cash to close to unlock $2,401/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,004/mo, and a $636/mo payment keeps the spread at $200/mo. Purchase price stands at $130,000, and rental yield measures 9.27% with $1,004/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 132.83% and total cumulative return in cash records $57,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,004/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
0.28 Acres 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
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Listed by: Rebecca L. Starr-Harris • SOUTHERN SIERRA PROPERTIES
Mls Name: RAOR
Mls Provider:
Mls ID: #2606661
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.