6969 Panoramic DrLucerneCA95458
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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 Lucerne at 6969 Panoramic Dr, Lucerne, CA, 95458 priced at $153,700 converts $2,987/mo rent into $2,026/mo cash flow after a $752/mo obligation. Total monthly income equals $2,987/mo, and annual cash flow totals $24,318/yr on $50,952 invested. Return on cash invested prints 67.64% in year one, and rental yield reads 23.32% against a $153,700 entry. Equity gained on principal adds $992/yr, while 5% annual appreciation compiles into $42,464 by year five. Five-year ROI reaches 358.94% and total cumulative return in cash sums $182,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,987/mo property income covering a $752/mo payment, not borrower’s personal income.
Single Family
Built in 1971
7,840 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: NEVEN SPRALJA • REALHOME SERVICES & SOLUTIONS
Mls Name: CRMLS
Mls Provider:
Mls ID: #IV24116616
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