1384 Oak Ridge DrColfaxCA95713
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1384 Oak Ridge Dr, Colfax, CA, 95713 in Colfax. Priced at $310,000, it generates $2,695/mo in gross rent and $671/mo in net monthly cash flow, a 10.43% yield that comfortably supports the 1.93 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,058. Five-year appreciation: $85,647. Equity from principal paydown: $2,855/yr. Total projected cumulative return: $167,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $671 | $1,200 |
City averages based on Colfax market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,695 |
| Total Monthly Debt Service | $1,794 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2002
823.28 sqft lot
$N/A/sqft
No HOA
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
Townhouse
Built in 2002
823.28 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dina Brown • Centurion Realty
Mls Name: MetroList Services of CA
Mls ID: #226015668