6989 California AveJoshua TreeCA92252
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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
Investment property for sale in Joshua Tree at 6989 California Ave, Joshua Tree, CA, 92252 at $895,500 posts ROI 9.8% with from $3,331/mo rent. Total monthly income equals $3,331/mo. Return on cash invested measures 9.8% and rental yield reads 4.46% at the current $895,500. Equity gained on principal adds $5,779/yr, and 5% annual appreciation supports $247,410 by year five. Five-year ROI prints 49.04% and total cumulative return in cash totals $144,495. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,331/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92252, Joshua Tree, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 2,434 (45.4%) |
| Renter Occupied HU | 1,310 (24.4%) |
| Vacant Housing Units | 1,616 (30.1%) |
| Median Home Value | $271,382 |
| Average Home Value | $370,452 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,534
Multi-Family
38
Businesses
245
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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