680 Buckingham SqSkyforestCA92385
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 680 Buckingham Sq, Skyforest, CA, 92385 in Skyforest: $2,473/mo in rent, $772/mo net, 10.79% gross yield, all on a $275,000 acquisition. The 2.00 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $75,977 in value, and $2,533/yr in principal paydown steadily builds equity. Projected total cumulative return: $153,927.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.0% |
| Monthly Cash Flow | $772 | $1,200 |
City averages based on Skyforest market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,473 |
| Total Monthly Debt Service | $1,592 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1957
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92385, Skyforest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 97 (28.5%) |
| Renter Occupied HU | 34 ( 10.0%) |
| Vacant Housing Units | 209 (61.5%) |
| Median Home Value | $769,737 |
| Average Home Value | $907,165 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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 1957
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92385, Skyforest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 97 (28.5%) |
| Renter Occupied HU | 34 ( 10.0%) |
| Vacant Housing Units | 209 (61.5%) |
| Median Home Value | $769,737 |
| Average Home Value | $907,165 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberlee Pelletier • REALTY WORLD ALL STARS
Mls Name: CRMLS
Mls ID: #CV25161701