136 Palmer WayTopazCA96133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Topaz at 136 Palmer Way, Topaz, CA, 96133 offers a 10.58% rental yield on a $375,000 purchase with $3,305/mo rent. Total monthly income registers $3,305/mo, and a $1,835/mo payment leaves $986/mo available for distribution. Annual cash flow reaches $11,827/yr on $124,313 to close, and return on cash invested stands at 29.42% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 153.86% and total cumulative return in cash at $191,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,305/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96133, Topaz, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 42 (32.8%) |
| Renter Occupied HU | 51 (39.8%) |
| Vacant Housing Units | 35 (27.3%) |
| Median Home Value | $311,111 |
| Average Home Value | $332,143 |
Housing Distribution
Address Breakdown
Residential
27
Single Family
27
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Gonzalez • Intero
Mls Name: NNRMLS
Mls ID: #250054392