1321 Oak Ridge Dr, Colfax, CA, 95713 | $641/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
567 sft

325 Union St, Auburn, CA, 95603

2 Bed
2 Bath
966 sft

11520 Garnet Way APT 2, Auburn, CA, 95602

2 Bed
1 Bath
903 sft

11570 Garnet Way APT 4, Auburn, CA, 95602

2 Bed
2 Bath
1512 sft

11856 Tom Ray Dr, Grass Valley, CA, 95949

Nearby investment properties with comparable prices

1 Bed
1 Bath
576 sft

13433 Newtown Rd, Nevada City, CA, 95959

2 Bed
1 Bath
960 sft

6281 Lower Main St, Georgetown, CA, 95634

2 Bed
1 Bath
752 sft

19606 Perimeter Rd, Grass Valley, CA, 95949

2 Bed
2 Bath
1456 sft

10036 Heritage Oak Dr #314, Grass Valley, CA, 95949

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Colfax at 1321 Oak Ridge Dr, Colfax, CA, 95713 offers a 9.99% rental yield on a $299,000 purchase with $2,490/mo rent. Total monthly income registers $2,490/mo, and a $1,463/mo payment leaves $641/mo available for distribution. Annual cash flow reaches $7,689/yr on $99,119 to close, and return on cash invested stands at 27.67% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 144.43% and total cumulative return in cash at $143,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,490/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1993

832.00 sqft lot

$N/A/sqft

No HOA