8603 S Loop BlvdCalifornia CityCA93505
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
Rental property for sale in California City at 8603 S Loop Blvd, California City, CA, 93505 priced at $244,900 converts $2,382/mo rent into $867/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,382/mo, and annual cash flow totals $10,400/yr on $81,184 invested. Return on cash invested prints 32.72% in year one, and rental yield reads 11.67% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 171.54% and total cumulative return in cash sums $139,265. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,382/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Trejo • Coldwell Banker Frontier
Mls Name: GAVAR
Mls ID: #26000297