900 Coronado St SPACE 73NeedlesCA92363
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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 Needles at 900 Coronado St SPACE 73, Needles, CA, 92363 uses $39,449 cash to close to unlock $2,115/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $912/mo, and a $582/mo payment keeps the spread at $176/mo. Purchase price stands at $119,000, and rental yield measures 9.2% with $912/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 131.7% and total cumulative return in cash records $51,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $912/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92363, Needles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 1,238 (32.2%) |
| Renter Occupied HU | 1,128 (29.4%) |
| Vacant Housing Units | 1,473 (38.4%) |
| Median Home Value | $136,389 |
| Average Home Value | $189,269 |
Housing Distribution
Address Breakdown
Residential
2,109
Single Family
1,769
Multi-Family
340
Businesses
274
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Listed by: Leslie Sinacori • Preferred Home Brokers
Mls Name: CRMLS
Mls ID: #SR25173587