695 Buckingham SqSkyforestCA92385
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 695 Buckingham Sq, Skyforest, CA, 92385 in Skyforest. Priced at $499,000, it generates $4,181/mo in gross rent and $1,094/mo in net monthly cash flow, a 10.05% yield that comfortably supports the 1.86 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $13,127. Five-year appreciation: $137,865. Equity from principal paydown: $4,596/yr. Total projected cumulative return: $259,631.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.0% |
| Monthly Cash Flow | $1,094 | $1,200 |
City averages based on Skyforest market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,181 |
| Total Monthly Debt Service | $2,888 |
| DSCR Ratio | 1.45x |
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 1982
6,950 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 1982
6,950 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: N/A • N/A
Mls Name: Mountain Resort Communities AOR
Mls ID: #32601003