1135 Spruce AveAtwaterCA95301
Nearby investment properties with comparable rents
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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
Rental property for sale in Atwater at 1135 Spruce Ave, Atwater, CA, 95301 priced at $356,000 pairs $2,086/mo rent with after a $1,742/mo payment. Total monthly income equals $2,086/mo. Return on cash invested is 18.04% in year one, and rental yield stands at 7.03% on a $356,000 basis. Equity gained on principal adds $2,297/yr, and 5% annual appreciation accumulates to $98,356 by year five. Five-year ROI measures 93.1% and total cumulative return in cash reaches $109,874. For financing, Ziffy Mortgage’s DSCR program evaluates $2,086/mo property income against a $1,742/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
6,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95301, Atwater, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,119 (100%) |
| Owner Occupied HU | 7,743 (59.0%) |
| Renter Occupied HU | 5,014 (38.2%) |
| Vacant Housing Units | 362 ( 2.8%) |
| Median Home Value | $399,856 |
| Average Home Value | $442,003 |
Housing Distribution
Address Breakdown
Residential
12,883
Single Family
12,556
Multi-Family
327
Businesses
829
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Nearby investment properties with comparable prices
Listed by: Kim Medeiros • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225041173
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