1358 River Run CirIoneCA95640
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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 Ione at 1358 River Run Cir, Ione, CA, 95640 priced at $489,900 pairs $3,000/mo rent with after a $2,398/mo payment. Total monthly income equals $3,000/mo. Return on cash invested is 19.68% in year one, and rental yield stands at 7.35% on a $489,900 basis. Equity gained on principal adds $3,161/yr, and 5% annual appreciation accumulates to $135,350 by year five. Five-year ROI measures 101.64% and total cumulative return in cash reaches $165,065. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95640, Ione, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 2,970 (71.3%) |
| Renter Occupied HU | 863 (20.7%) |
| Vacant Housing Units | 333 ( 8.0%) |
| Median Home Value | $486,328 |
| Average Home Value | $526,797 |
Housing Distribution
Address Breakdown
Residential
3,661
Single Family
3,597
Multi-Family
64
Businesses
175
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Listed by: Jessa Schmidt • Davenport Properties
Mls Name: MetroList Services of CA
Mls ID: #225109218