1040 Cherry CtHollisterCA95023
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1040 Cherry Ct, Hollister, CA, 95023 in Hollister at $1,384,950, 2.62% gross yield, is a market-growth asset. Rental yield 2.62%. The $3,022/mo rent partially funds the $6,228/mo debt service; the core return is the 5%/yr price growth projected to add $382,636 over five years. Ziffy Mortgage's DSCR mortgage (0.49) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $165,173.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.0% |
| Monthly Cash Flow | $(5,598) | $350 |
City averages based on Hollister market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,022 |
| Total Monthly Debt Service | $8,068 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1980
10,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95023, Hollister, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 13,439 (68.4%) |
| Renter Occupied HU | 5,496 (28.0%) |
| Vacant Housing Units | 704 ( 3.6%) |
| Median Home Value | $784,295 |
| Average Home Value | $817,487 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,487
Multi-Family
1,890
Businesses
1,119
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
Multi Family
Built in 1980
10,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95023, Hollister, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 13,439 (68.4%) |
| Renter Occupied HU | 5,496 (28.0%) |
| Vacant Housing Units | 704 ( 3.6%) |
| Median Home Value | $784,295 |
| Average Home Value | $817,487 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,487
Multi-Family
1,890
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca L. Campos • Berkshire Hathaway HS Real Time Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81985141
Disclaimer: Based on information from the MLSListings MLS as of 2025-02-11 17:03:53 PST. 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.