9400 Dodge RdLucerne ValleyCA92356
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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 Lucerne Valley at 9400 Dodge Rd, Lucerne Valley, CA, 92356 with 5% annual appreciation on a $289,990 basis while $3,286/mo rent supports operations. Total monthly income totals $3,286/mo and a $1,419/mo payment preserves $1,492/mo for cash returns. Annual cash flow comes to $17,909/yr on $96,132 deployed, and return on cash invested reaches 38.54% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,119 alongside rental yield of 13.6%. Five-year ROI measures 202.76% and total cumulative return in cash totals $194,917.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,286/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92356, Lucerne Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,035 (100%) |
| Owner Occupied HU | 1,513 (49.9%) |
| Renter Occupied HU | 675 (22.2%) |
| Vacant Housing Units | 847 (27.9%) |
| Median Home Value | $226,934 |
| Average Home Value | $287,074 |
Housing Distribution
Address Breakdown
Residential
1,758
Single Family
1,758
Multi-Family
0
Businesses
164
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Listed by: Joseph Clement • First Team Real Estate-HighDes
Mls Name: CRMLS
Mls Provider:
Mls ID: #HD24114111
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information