12422 Ocean View DrSmith RiverCA95567
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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
Rental property for sale in Smith River at 12422 Ocean View Dr, Smith River, CA, 95567 priced at $415,000 pairs $2,123/mo rent with after a $2,031/mo payment. Total monthly income equals $2,123/mo. Return on cash invested is 16.04% in year one, and rental yield stands at 6.14% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 82.05% and total cumulative return in cash reaches $112,881. For financing, Ziffy Mortgage’s DSCR program evaluates $2,123/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95567, Smith River, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 602 (61.3%) |
| Renter Occupied HU | 224 (22.8%) |
| Vacant Housing Units | 156 (15.9%) |
| Median Home Value | $472,527 |
| Average Home Value | $490,532 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
82
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Listed by: James Peters • Green Pacific Real Estate Inc
Mls Name: DNMLS
Mls Provider:
Mls ID: #240082
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.