6007 W Felspar AveInyokernCA93527
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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 Inyokern at 6007 W Felspar Ave, Inyokern, CA, 93527 generates $2,184/mo in rent and, after a $1,542/mo payment, leaves $235/mo in cash flow. Total monthly income is $2,184/mo, and annual cash flow is $2,821/yr on $104,423 invested. Return on cash invested sits at 22.61% in year one, and rental yield is 8.32% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 117.36% and total cumulative return in cash sums $122,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,184/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93527, Inyokern, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 775 (62.5%) |
| Renter Occupied HU | 217 (17.5%) |
| Vacant Housing Units | 248 (20.0%) |
| Median Home Value | $378,866 |
| Average Home Value | $433,577 |
Housing Distribution
Address Breakdown
Residential
461
Single Family
460
Multi-Family
1
Businesses
64
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Listed by: Ashly Palomino • Palomino Properties
Mls Name: RAOR
Mls Provider:
Mls ID: #2606613
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.