1036 Monterey WayPlumas LakeCA95961
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
Investment property for sale in Plumas Lake at 1036 Monterey Way, Plumas Lake, CA, 95961 at $545,000 posts ROI 37.02% with $2,534/mo cash flow from $6,155/mo rent. Total monthly income equals $6,155/mo, and annual cash flow records $30,405/yr on $179,305 to close. Return on cash invested measures 37.02% and rental yield reads 13.55% at the current $545,000. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 by year five. Five-year ROI prints 195.15% and total cumulative return in cash totals $349,908.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,155/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
7,279 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
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Nearby investment properties with comparable prices
Listed by: Michelle Carver • RE/MAX Gold of Fairfield
Mls Name: BAREIS
Mls Provider:
Mls ID: #224078884
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.