1520 Elk Ridge RdRedwayCA95560
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
Rental property for sale in Redway at 1520 Elk Ridge Rd, Redway, CA, 95560 offers $1,683/mo rent that, after a $1,224/mo payment, leaves $136/mo cash flow. Total monthly income is $1,683/mo, and annual cash flow is $1,633/yr on $82,875 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 8.08% at a $249,999 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 113.46% and total cumulative return in cash reaches $94,030. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,683/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95560, Redway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 236 (51.2%) |
| Renter Occupied HU | 139 (30.2%) |
| Vacant Housing Units | 86 (18.7%) |
| Median Home Value | $547,131 |
| Average Home Value | $566,049 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcus Schaible • Emerald Realty
Mls Name: HBMLS
Mls ID: #268031