11856 Tom Ray DrGrass ValleyCA95949
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 11856 Tom Ray Dr, Grass Valley, CA, 95949 in Grass Valley earns a 8.52% gross yield at $299,000. Rent of $2,124/mo nets $274/mo after the $1,344/mo mortgage. The 1.58 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $82,608 and $2,754/yr in equity accumulation project a total cumulative return of $131,052.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $274 | $300 |
City averages based on Grass Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,124 |
| Total Monthly Debt Service | $1,731 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Damian Bautista • NextHome Apex Realty
Mls Name: MetroList Services of CA
Mls ID: #225091002