6405 10th AveLucerneCA95458
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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 Lucerne at 6405 10th Ave, Lucerne, CA, 95458 uses $99,450 cash to close to unlock $35,334/yr annual cash flow and $2,945/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $1,468/mo payment keeps the spread at $2,945/mo. Purchase price stands at $299,999, and rental yield measures 19.2% with $4,800/mo rent. Return on cash invested shows 55.44% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 293.38% and total cumulative return in cash records $291,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95458, Lucerne, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 732 (50.0%) |
| Renter Occupied HU | 383 (26.1%) |
| Vacant Housing Units | 350 (23.9%) |
| Median Home Value | $302,564 |
| Average Home Value | $410,656 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
665
Multi-Family
30
Businesses
37
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Listed by: Celeste C Rodriguez • Coldwell Banker Mendo Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324062002
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.