6990 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
Rental property for sale in Joshua Tree at 6990 California Ave, Joshua Tree, CA, 92252 offers $2,810/mo rent that, after a $869/mo payment, leaves $1,623/mo cash flow. Total monthly income is $2,810/mo, and annual cash flow is $19,474/yr on $58,889 cash. Return on cash invested measures 52.98% in year one, and rental yield stands at 18.98% at a $177,644 entry. Equity gained on principal adds $1,146/yr while 5% annual appreciation compounds into $49,080 by year five. Five-year ROI records 280.81% and total cumulative return in cash reaches $165,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,810/mo property income versus a $869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
2.00 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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