61869 Grandview CirJoshua 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
Rental property for sale in Joshua Tree at 61869 Grandview Cir, Joshua Tree, CA, 92252 generates $2,923/mo in rent and, after a $2,129/mo payment, leaves $232/mo in cash flow. Total monthly income is $2,923/mo, and annual cash flow is $2,787/yr on $144,169 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 8.07% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 113.22% and total cumulative return in cash sums $163,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,923/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.38 Acres 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: Laura Clark • Equity Union
Mls Name: CRMLS
Mls ID: #219140332DA