6020 Lake DrAngelus OaksCA92305
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
Investment property for sale in Angelus Oaks at 6020 Lake Dr, Angelus Oaks, CA, 92305 uses $74,588 cash to close to unlock $5,464/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $1,847/mo, and a $1,101/mo payment keeps the spread at $455/mo. Purchase price stands at $225,000, and rental yield measures 9.85% with $1,847/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 142.17% and total cumulative return in cash records $106,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,847/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92305, Angelus Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 133 (29.6%) |
| Renter Occupied HU | 29 ( 6.4%) |
| Vacant Housing Units | 288 (64.0%) |
| Median Home Value | $671,875 |
| Average Home Value | $813,421 |
Housing Distribution
Address Breakdown
Residential
42
Single Family
42
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronald Durham • GILLMORE REAL ESTATE
Mls Name: CRMLS
Mls ID: #IG25168775