900 Coronado St SPACE 80NeedlesCA92363
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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 Needles at 900 Coronado St SPACE 80, Needles, CA, 92363 generates $907/mo in rent and, after a $585/mo payment, leaves $168/mo in cash flow. Total monthly income is $907/mo, and annual cash flow is $2,012/yr on $39,614 invested. Return on cash invested sits at 24.99% in year one, and rental yield is 9.11% on a $119,500 entry. Equity gained on principal adds $771/yr, while 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 130.15% and total cumulative return in cash sums $51,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $907/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
4,000 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: Shannon Micek • Coldwell Banker Home Source
Mls Name: CRMLS
Mls ID: #HD25185291