0 Waddington RdFerndaleCA95536
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 0 Waddington Rd, Ferndale, CA, 95536 in Ferndale: $2,298/mo in rent, $1,376/mo net, 18.51% gross yield, all on a $149,000 acquisition. The 3.43 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $41,166 in value, and $1,372/yr in principal paydown steadily builds equity. Projected total cumulative return: $145,084.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.5% | 6.0% |
| Monthly Cash Flow | $1,376 | $1,500 |
City averages based on Ferndale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,298 |
| Total Monthly Debt Service | $862 |
| DSCR Ratio | 2.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95536, Ferndale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 728 (53.4%) |
| Renter Occupied HU | 434 (31.8%) |
| Vacant Housing Units | 201 (14.7%) |
| Median Home Value | $647,500 |
| Average Home Value | $719,488 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95536, Ferndale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 728 (53.4%) |
| Renter Occupied HU | 434 (31.8%) |
| Vacant Housing Units | 201 (14.7%) |
| Median Home Value | $647,500 |
| Average Home Value | $719,488 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Baxley • Land X Real Estate Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #267390
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.