6244 Lynch Canyon DrLake IsabellaCA93240
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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 Lake Isabella at 6244 Lynch Canyon Dr, Lake Isabella, CA, 93240 priced at $249,500 pairs $2,428/mo rent with $867/mo cash flow after a $1,221/mo payment. Total monthly income equals $2,428/mo, and annual cash flow comes to $10,400/yr on $82,709 invested. Return on cash invested is 32.48% in year one, and rental yield stands at 11.68% on a $249,500 basis. Equity gained on principal adds $1,610/yr, and 5% annual appreciation accumulates to $68,932 by year five. Five-year ROI measures 170.37% and total cumulative return in cash reaches $140,913. For financing, Ziffy Mortgage’s DSCR program evaluates $2,428/mo property income against a $1,221/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Listed by: Matthew James Freeman • Freeman's Lakeside Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2606656
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.