10580 Banner Mine Way, Nevada City, CA, 95959 | 6.97% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nevada City at 10580 Banner Mine Way, Nevada City, CA, 95959 listed at $1,150,000 pairs $6,677/mo rent with a $5,629/mo payment. Total monthly income runs $6,677/mo. Return on cash invested measures 18.14% in year one, and rental yield registers 6.97% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 93.54% and total cumulative return in cash totals $348,525. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,677/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1992

1.50 Acres lot

$N/A/sqft

$650 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95959, Nevada City, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,494 (100%)
Owner Occupied HU	6,437 (67.8%)
Renter Occupied HU	1,900 (20.0%)
Vacant Housing Units	1,157 (12.2%)
Median Home Value	$697,917
Average Home Value	$750,661