12864 Spanish LnNevada CityCA95959
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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 Nevada City at 12864 Spanish Ln, Nevada City, CA, 95959 generates $3,520/mo in rent and, after a $2,325/mo payment, leaves $581/mo in cash flow. Total monthly income is $3,520/mo, and annual cash flow is $6,977/yr on $157,463 invested. Return on cash invested sits at 24.34% in year one, and rental yield is 8.89% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 126.61% and total cumulative return in cash sums $199,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,520/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95959, Nevada City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 6,437 (67.8%) |
| Renter Occupied HU | 1,900 (20.0%) |
| Vacant Housing Units | 1,157 (12.2%) |
| Median Home Value | $697,917 |
| Average Home Value | $750,661 |
Housing Distribution
Address Breakdown
Residential
7,882
Single Family
7,770
Multi-Family
112
Businesses
748
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Listed by: John Renwick • RE/MAX Gold
Mls Name: MetroList Services of CA
Mls ID: #225137176