7784 Richard DrLucerneCA95458
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
Investment Highlights
Investment property for sale in Lucerne at 7784 Richard Dr, Lucerne, CA, 95458 listed at $319,999 pairs $2,621/mo rent with a $1,566/mo payment to leave $642/mo cash flow. Total monthly income runs $2,621/mo, and annual cash flow reaches $7,700/yr on $106,080 cash to close. Return on cash invested measures 27.17% in year one, and rental yield registers 9.83% at a $319,999 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 141.78% and total cumulative return in cash totals $150,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,621/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
6,970 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Kues • Boss Real Estate & General Appraisal
Mls Name: CRMLS
Mls ID: #LC25133896