1221 Elm Terrace WayWheatlandCA95692
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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 Wheatland at 1221 Elm Terrace Way, Wheatland, CA, 95692 offers a 7.61% rental yield on a $555,412 purchase with $3,523/mo rent. Total monthly income registers $3,523/mo, and a $2,718/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,051/yr on $182,731 to close, and return on cash invested stands at 20.64% in year one. Equity gained on principal adds $3,584/yr while 5% annual appreciation supports $153,450 over five years. Portfolio math shows five-year ROI at 106.7% and total cumulative return in cash at $194,981. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,523/mo property income against a $2,718/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95692, Wheatland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,288 (65.7%) |
| Renter Occupied HU | 600 (30.6%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $453,398 |
| Average Home Value | $522,207 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,639
Multi-Family
73
Businesses
125
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A