6600 Grace AveLake 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 6600 Grace Ave, Lake Isabella, CA, 93240 offers $1,527/mo rent that, after a $1,077/mo payment, leaves $166/mo cash flow. Total monthly income is $1,527/mo, and annual cash flow is $1,990/yr on $72,930 cash. Return on cash invested measures 22.64% in year one, and rental yield stands at 8.33% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 117.46% and total cumulative return in cash reaches $85,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,527/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
7,405 sqft 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: Jeannie Verdugo • SOUTHERN SIERRA PROPERTIES
Mls Name: Southern Sierra
Mls ID: #2607712