610 Mountain View AveWrightwoodCA92397
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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 Wrightwood at 610 Mountain View Ave, Wrightwood, CA, 92397 offers $3,222/mo rent that, after a $2,442/mo payment, leaves $135/mo cash flow. Total monthly income is $3,222/mo, and annual cash flow is $1,625/yr on $165,419 cash. Return on cash invested measures 20.89% in year one, and rental yield stands at 7.75% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 108.11% and total cumulative return in cash reaches $178,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,222/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92397, Wrightwood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,995 (100%) |
| Owner Occupied HU | 1,778 (59.4%) |
| Renter Occupied HU | 491 (16.4%) |
| Vacant Housing Units | 726 (24.2%) |
| Median Home Value | $560,475 |
| Average Home Value | $598,733 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
83
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Listed by: Mitra Foroodi • NextHome Grandview
Mls Name: CRMLS
Mls ID: #GD25217556