61804 Oleander DrJoshua TreeCA92252
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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 Joshua Tree at 61804 Oleander Dr, Joshua Tree, CA, 92252 listed at $195,000 pairs $2,140/mo rent with a $954/mo payment to leave $934/mo cash flow. Total monthly income runs $2,140/mo, and annual cash flow reaches $11,209/yr on $64,643 cash to close. Return on cash invested measures 37.25% in year one, and rental yield registers 13.17% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 195.9% and total cumulative return in cash totals $126,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,140/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
7,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92252, Joshua Tree, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 2,434 (45.4%) |
| Renter Occupied HU | 1,310 (24.4%) |
| Vacant Housing Units | 1,616 (30.1%) |
| Median Home Value | $271,382 |
| Average Home Value | $370,452 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,534
Multi-Family
38
Businesses
245
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Listed by: Russel Waldron • Joshua Tree Realty
Mls Name: CRMLS
Mls ID: #JT25217588