1359 Novell Dr, Ripon, CA, 95366 | $1,099/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ripon at 1359 Novell Dr, Ripon, CA, 95366 uses $169,435 cash to close to unlock $13,185/yr annual cash flow and $1,099/mo monthly cash flow. Total monthly income runs $4,339/mo, and a $2,521/mo payment keeps the spread at $1,099/mo. Purchase price stands at $515,000, and rental yield measures 10.11% with $4,339/mo rent. Return on cash invested shows 27.84% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 145.49% and total cumulative return in cash records $246,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,339/mo property income covering a $2,521/mo payment rather than investor’s personal income.

Single Family

Built in 1985

5,898 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95366, Ripon, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,469 (100%)
Owner Occupied HU	4,467 (69.1%)
Renter Occupied HU	1,778 (27.5%)
Vacant Housing Units	224 ( 3.5%)
Median Home Value	$737,147
Average Home Value	$755,471