105 Elbridge Avenue #ECloverdaleCA95425
INVESTMENT ANALYSIS
Investment Verdict
Solid Income105 Elbridge Avenue #E, Cloverdale, CA, 95425 in Cloverdale is a solid income-producing rental, 8.49% gross yield, $2,753/mo rent, $346/mo net cash flow on a $389,000 buy. DSCR 1.57 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $107,474 and $3,583/yr in principal reduction project a total cumulative return of $169,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $346 | $500 |
City averages based on Cloverdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,753 |
| Total Monthly Debt Service | $2,252 |
| DSCR Ratio | 1.22x |
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.
Condo
Built in 1990
640.33 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95425, Cloverdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 2,768 (60.0%) |
| Renter Occupied HU | 1,508 (32.7%) |
| Vacant Housing Units | 334 ( 7.2%) |
| Median Home Value | $681,283 |
| Average Home Value | $827,243 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,189
Multi-Family
282
Businesses
413
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
Condo
Built in 1990
640.33 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95425, Cloverdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 2,768 (60.0%) |
| Renter Occupied HU | 1,508 (32.7%) |
| Vacant Housing Units | 334 ( 7.2%) |
| Median Home Value | $681,283 |
| Average Home Value | $827,243 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,189
Multi-Family
282
Businesses
413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Concoff • Corcoran Icon Properties
Mls Name: BAREIS
Mls ID: #325097723