8160 Oleander 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
Investment property for sale in California City at 8160 Oleander Ave, California City, CA, 93505 uses $99,119 cash to close to unlock $6,609/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,463/mo payment keeps the spread at $551/mo. Purchase price stands at $299,000, and rental yield measures 9.63% with $2,400/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 138.6% and total cumulative return in cash records $137,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,583 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: Marianna Gutierrez • Country Real Estate
Mls Name: TAAR
Mls ID: #9993317