13 Melinda LnPetalumaCA94952
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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 Petaluma at 13 Melinda Ln, Petaluma, CA, 94952 generates $7,199/mo in rent, after a $7,949/mo payment. Total monthly income is $7,199/mo. Return on cash invested sits at 13.88% in year one, and rental yield is 5.32% on a $1,624,000 entry. Equity gained on principal adds $10,479/yr, while 5% annual appreciation builds toward $448,681 over five years. Five-year ROI reaches 70.39% and total cumulative return in cash sums $370,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,199/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94952, Petaluma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,616 (100%) |
| Owner Occupied HU | 8,274 (56.6%) |
| Renter Occupied HU | 5,554 (38.0%) |
| Vacant Housing Units | 788 ( 5.4%) |
| Median Home Value | $1,014,839 |
| Average Home Value | $1,143,839 |
Housing Distribution
Address Breakdown
Residential
13,665
Single Family
12,963
Multi-Family
702
Businesses
1,523
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Listed by: Sold By J+j Aument Watson Team • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324026229
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.