62420 Canterbury StJoshua 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 62420 Canterbury St, Joshua Tree, CA, 92252 listed at $469,000 pairs $3,029/mo rent with a $2,296/mo payment to leave $127/mo cash flow. Total monthly income runs $3,029/mo, and annual cash flow reaches $1,526/yr on $155,474 cash to close. Return on cash invested measures 20.89% in year one, and rental yield registers 7.75% at a $469,000 basis. Equity gained on principal adds $3,026/yr, and annual property appreciation at 5% supports $129,576 by year five. Five-year ROI tracks 108.12% and total cumulative return in cash totals $168,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,029/mo property income relative to a $2,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
4.50 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: Brian Beard • The Firm Brokerage
Mls Name: CLAW
Mls ID: #25518601PS