14315 Old Westside RdGrenadaCA96038
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 14315 Old Westside Rd, Grenada, CA, 96038 in Grenada fits: $699,000, 2.36% gross yield, and a projected 5% annual appreciation rate adding $193,121 in value within five years. Rental yield 2.36%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.44) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,438/yr in principal paydown and $193,121 in appreciation project a total return of $75,249.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.4% | 8.0% |
| Monthly Cash Flow | $(2,950) | $200 |
City averages based on Grenada market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,374 |
| Total Monthly Debt Service | $4,046 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in N/A
19.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96038, Grenada, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 185 (66.3%) |
| Renter Occupied HU | 71 (25.4%) |
| Vacant Housing Units | 23 ( 8.2%) |
| Median Home Value | $419,767 |
| Average Home Value | $486,068 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
25
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
Single Family
Built in N/A
19.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96038, Grenada, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 185 (66.3%) |
| Renter Occupied HU | 71 (25.4%) |
| Vacant Housing Units | 23 ( 8.2%) |
| Median Home Value | $419,767 |
| Average Home Value | $486,068 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SMLS
Mls ID: #20260273