1018 Laurel AveWest LindaCA95961
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
Investment Highlights
Rental property for sale in West Linda at 1018 Laurel Ave, West Linda, CA, 95961 generates $2,630/mo in rent and, after a $1,782/mo payment, leaves $335/mo in cash flow. Total monthly income is $2,630/mo, and annual cash flow is $4,024/yr on $120,666 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 8.67% on a $364,000 entry. Equity gained on principal adds $2,349/yr, while 5% annual appreciation builds toward $100,566 over five years. Five-year ROI reaches 120.89% and total cumulative return in cash sums $145,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,630/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
6,991 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95961, Olivehurst, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,106 (100%) |
| Owner Occupied HU | 7,417 (66.8%) |
| Renter Occupied HU | 3,043 (27.4%) |
| Vacant Housing Units | 646 ( 5.8%) |
| Median Home Value | $431,688 |
| Average Home Value | $443,252 |
Housing Distribution
Address Breakdown
Residential
10,663
Single Family
10,381
Multi-Family
282
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Haas • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls ID: #225072411