1504 Red Lake Way, Lincoln, CA, 95648 | 7.6% Rental Yield

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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

Rental property for sale in Lincoln at 1504 Red Lake Way, Lincoln, CA, 95648 offers $6,272/mo rent that, after a $4,846/mo payment. Total monthly income is $6,272/mo. Return on cash invested measures 18.89% in year one, and rental yield stands at 7.6% at a $990,000 entry. Equity gained on principal adds $6,388/yr while 5% annual appreciation compounds into $273,519 by year five. Five-year ROI records 97.95% and total cumulative return in cash reaches $319,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,272/mo property income versus a $4,846/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

7,606 sqft lot

$N/A/sqft

$349 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95648, Lincoln, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,614 (100%)
Owner Occupied HU	19,608 (79.7%)
Renter Occupied HU	3,889 (15.8%)
Vacant Housing Units	1,117 ( 4.5%)
Median Home Value	$687,520
Average Home Value	$748,845