9331 Irene 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 9331 Irene Ave, California City, CA, 93505 uses $106,047 cash to close to unlock $5,049/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,566/mo payment keeps the spread at $421/mo. Purchase price stands at $319,900, and rental yield measures 9% with $2,400/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 128.37% and total cumulative return in cash records $136,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2025
8,276 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: Devery Grimshaw • RE/MAX Clearview
Mls Name: GAVAR
Mls ID: #25008187