1121 Marin StCorningCA96021
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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 Corning at 1121 Marin St, Corning, CA, 96021 earns $590/mo cash flow from $2,105/mo rent with a $1,199/mo payment. Total monthly income totals $2,105/mo, and annual cash flow totals $7,074/yr on $81,218 capital. ROI tracks 28.62% on current figures, and rental yield reads 10.31% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 149.58% and total cumulative return in cash sums $121,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,105/mo property income instead of your personal income.
Single Family
Built in 1915
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96021, Corning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,819 (100%) |
| Owner Occupied HU | 3,955 (58.0%) |
| Renter Occupied HU | 2,387 (35.0%) |
| Vacant Housing Units | 477 ( 7.0%) |
| Median Home Value | $362,594 |
| Average Home Value | $418,668 |
Housing Distribution
Address Breakdown
Residential
5,407
Single Family
4,882
Multi-Family
525
Businesses
402
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Listed by: Christopher Rubio • Rubio Real Estate
Mls Name: SFAR
Mls ID: #425092862