10526 Limestone DrWallaceCA95254
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 10526 Limestone Dr, Wallace, CA, 95254 in Wallace: $3,766/mo in rent, $2,559/mo net, 23.17% gross yield, all on a $195,000 acquisition. The 4.29 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $53,875 in value, and $1,796/yr in principal paydown steadily builds equity. Projected total cumulative return: $238,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 23.2% | 6.0% |
| Monthly Cash Flow | $2,559 | $2,000 |
City averages based on Wallace market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,766 |
| Total Monthly Debt Service | $1,129 |
| DSCR Ratio | 3.34x |
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.
Lot
Built in N/A
5.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95254, Wallace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 126 (70.4%) |
| Renter Occupied HU | 47 (26.3%) |
| Vacant Housing Units | 6 ( 3.4%) |
| Median Home Value | $591,463 |
| Average Home Value | $585,397 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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
Lot
Built in N/A
5.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95254, Wallace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 126 (70.4%) |
| Renter Occupied HU | 47 (26.3%) |
| Vacant Housing Units | 6 ( 3.4%) |
| Median Home Value | $591,463 |
| Average Home Value | $585,397 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Gonzales • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224054828
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.