6659 Ocotillo AveTwentynine PalmsCA92277
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing6659 Ocotillo Ave, Twentynine Palms, CA, 92277 in Twentynine Palms is a stable, well-positioned rental at $465,000. Rental yield 6.02%. DSCR 1.12 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $128,471 in value and $4,283/yr in principal paydown builds equity, a total projected return of $132,666.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 8.0% |
| Monthly Cash Flow | $(688) | $1,200 |
City averages based on Twentynine Palms market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,334 |
| Total Monthly Debt Service | $2,837 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92277, Twentynine Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,682 (100%) |
| Owner Occupied HU | 3,931 (33.7%) |
| Renter Occupied HU | 5,496 (47.0%) |
| Vacant Housing Units | 2,255 (19.3%) |
| Median Home Value | $219,197 |
| Average Home Value | $349,887 |
Housing Distribution
Address Breakdown
Residential
9,604
Single Family
9,566
Multi-Family
38
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92277, Twentynine Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,682 (100%) |
| Owner Occupied HU | 3,931 (33.7%) |
| Renter Occupied HU | 5,496 (47.0%) |
| Vacant Housing Units | 2,255 (19.3%) |
| Median Home Value | $219,197 |
| Average Home Value | $349,887 |
Housing Distribution
Address Breakdown
Residential
9,604
Single Family
9,566
Multi-Family
38
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Faisal Alserri • Sharon Rose Realty, Inc.
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219129191
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.