115 Marina DrWofford HeightsCA93285
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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 Wofford Heights at 115 Marina Dr, Wofford Heights, CA, 93285 uses $48,068 cash to close to unlock $2,372/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,095/mo, and a $710/mo payment keeps the spread at $198/mo. Purchase price stands at $145,000, and rental yield measures 9.06% with $1,095/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 129.34% and total cumulative return in cash records $62,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,095/mo property income covering a $710/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
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Listed by: Rita D'Angelo • Rita D'Angelo Real Estate
Mls Name: Southern Sierra
Mls ID: #2607840