7944 Worthington StOnyxCA93255
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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 Onyx at 7944 Worthington St, Onyx, CA, 93255 uses $76,245 cash to close to unlock $7,443/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $2,202/mo, and a $1,126/mo payment keeps the spread at $620/mo. Purchase price stands at $230,000, and rental yield measures 11.49% with $2,202/mo rent. Return on cash invested shows 29.67% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 156.14% and total cumulative return in cash records $119,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,202/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93255, Onyx, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 377 (100%) |
| Owner Occupied HU | 200 (53.1%) |
| Renter Occupied HU | 87 (23.1%) |
| Vacant Housing Units | 90 (23.9%) |
| Median Home Value | $152,273 |
| Average Home Value | $207,563 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
2
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Listed by: Matthew James Freeman • Freeman's Lakeside Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2607276
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.