6055 Spruce AveAngelus OaksCA92305
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6055 Spruce Ave, Angelus Oaks, CA, 92305 in Angelus Oaks: $3,302/mo in rent, $1,411/mo net, 13.67% gross yield, all on a $289,800 acquisition. The 2.53 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $80,066 in value, and $2,669/yr in principal paydown steadily builds equity. Projected total cumulative return: $201,087.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 5.0% |
| Monthly Cash Flow | $1,411 | $1,500 |
City averages based on Angelus Oaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,302 |
| Total Monthly Debt Service | $1,776 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
7,200 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
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
Single Family
Built in 1964
7,200 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