6302 Spruce AveAngelus OaksCA92305
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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 Angelus Oaks at 6302 Spruce Ave, Angelus Oaks, CA, 92305 listed at $349,000 pairs $2,573/mo rent with a $1,708/mo payment to leave $414/mo cash flow. Total monthly income runs $2,573/mo, and annual cash flow reaches $4,970/yr on $115,694 cash to close. Return on cash invested measures 24.21% in year one, and rental yield registers 8.85% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 125.91% and total cumulative return in cash totals $145,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,573/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92305, Angelus Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 133 (29.6%) |
| Renter Occupied HU | 29 ( 6.4%) |
| Vacant Housing Units | 288 (64.0%) |
| Median Home Value | $671,875 |
| Average Home Value | $813,421 |
Housing Distribution
Address Breakdown
Residential
42
Single Family
42
Multi-Family
0
Businesses
29
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Listed by: Crisann Conroy • VIP Premier Realty Corp
Mls Name: CLAW
Mls ID: #25626973