9801 Evelyn 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
Rental property for sale in California City at 9801 Evelyn Ave, California City, CA, 93505 generates $2,876/mo in rent and, after a $1,591/mo payment, leaves $865/mo in cash flow. Total monthly income is $2,876/mo, and annual cash flow is $10,382/yr on $107,738 invested. Return on cash invested sits at 29.55% in year one, and rental yield is 10.62% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 154.55% and total cumulative return in cash sums $166,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,876/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
10,454 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: Glenn Session • Glenn Session Realty
Mls Name: CRMLS
Mls ID: #P1-24748