12389 Ridge RdMiddletownCA95461
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
Investment Highlights
Rental property for sale in Middletown at 12389 Ridge Rd, Middletown, CA, 95461 priced at $149,500 converts $2,172/mo rent into $1,247/mo cash flow after a $732/mo obligation. Total monthly income equals $2,172/mo, and annual cash flow totals $14,963/yr on $49,559 invested. Return on cash invested prints 50.1% in year one, and rental yield reads 17.43% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 264.74% and total cumulative return in cash sums $131,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,172/mo property income covering a $732/mo payment, not borrower’s personal income.
Single Family
Built in 2005
12.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95461, Middletown, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,016 (57.2%) |
| Renter Occupied HU | 380 (21.4%) |
| Vacant Housing Units | 381 (21.4%) |
| Median Home Value | $471,008 |
| Average Home Value | $626,449 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
776
Multi-Family
37
Businesses
214
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Nearby investment properties with comparable prices
Listed by: Orion Walker • Luxe Places International R
Mls Name: BAREIS
Mls Provider:
Mls ID: #324010038
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.