11856 Tom Ray DrGrass ValleyCA95949
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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 Grass Valley at 11856 Tom Ray Dr, Grass Valley, CA, 95949 offers a 8.52% rental yield on a $299,000 purchase with $2,124/mo rent. Total monthly income registers $2,124/mo, and a $1,463/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,297/yr on $99,119 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 120.67% and total cumulative return in cash at $119,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,124/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95949, Grass Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,407 (100%) |
| Owner Occupied HU | 7,403 (78.7%) |
| Renter Occupied HU | 1,257 (13.4%) |
| Vacant Housing Units | 747 ( 7.9%) |
| Median Home Value | $625,587 |
| Average Home Value | $673,409 |
Housing Distribution
Address Breakdown
Residential
8,792
Single Family
8,732
Multi-Family
60
Businesses
219
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Listed by: Damian Bautista • NextHome Apex Realty
Mls Name: MetroList Services of CA
Mls ID: #225091002