1040 Oregon StGridleyCA95948
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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
Investment property for sale in Gridley at 1040 Oregon St, Gridley, CA, 95948 offers a 9.19% rental yield on a $280,000 purchase with $2,144/mo rent. Total monthly income registers $2,144/mo, and a $1,370/mo payment leaves $412/mo available for distribution. Annual cash flow reaches $4,948/yr on $92,820 to close, and return on cash invested stands at 25.24% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 131.45% and total cumulative return in cash at $122,013. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,144/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95948, Gridley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,134 (100%) |
| Owner Occupied HU | 2,270 (54.9%) |
| Renter Occupied HU | 1,553 (37.6%) |
| Vacant Housing Units | 311 ( 7.5%) |
| Median Home Value | $378,980 |
| Average Home Value | $458,438 |
Housing Distribution
Address Breakdown
Residential
4,042
Single Family
3,883
Multi-Family
159
Businesses
361
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Listed by: Joann Hamman • Hamman Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225120041