7871 Fernwood AveCalifornia CityCA93505
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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 California City at 7871 Fernwood Ave, California City, CA, 93505 priced at $375,000 pairs $2,665/mo rent with $346/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,665/mo, and annual cash flow comes to $4,147/yr on $124,313 invested. Return on cash invested is 23.25% in year one, and rental yield stands at 8.53% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 120.73% and total cumulative return in cash reaches $150,087. For financing, Ziffy Mortgage’s DSCR program evaluates $2,665/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93505, California City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,199 (100%) |
| Owner Occupied HU | 2,657 (51.1%) |
| Renter Occupied HU | 1,968 (37.9%) |
| Vacant Housing Units | 574 (11.0%) |
| Median Home Value | $288,941 |
| Average Home Value | $311,568 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,822
Multi-Family
140
Businesses
182
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Listed by: Maria Lopez-Alvarez • Pacific Coast Realty
Mls Name: CRMLS
Mls ID: #SR25054344