60654 Mitch LnLandersCA92285
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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 Landers at 60654 Mitch Ln, Landers, CA, 92285 with 5% annual appreciation on a $439,000 basis while $1,488/mo rent supports operations. 78% in year one. Equity gained on principal adds $2,833/yr, and five-year appreciation sums $121,288 alongside rental yield of 4.07%. Five-year ROI measures 48.53% and total cumulative return in cash totals $70,628. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,488/mo property income versus a $2,149/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5 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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Listed by: Evie Nance • Endeavor Realty, Inc
Mls Name: CRMLS
Mls ID: #OC25031699