15210 Bittner RdOccidentalCA95465
INVESTMENT ANALYSIS
Investment Verdict
Solid Income15210 Bittner Rd, Occidental, CA, 95465 in Occidental is a solid income-producing rental, 9.9% gross yield, $2,887/mo rent, $679/mo net cash flow on a $350,000 buy. DSCR 1.83 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $96,699 and $3,224/yr in principal reduction project a total cumulative return of $176,635.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.0% |
| Monthly Cash Flow | $679 | $1,500 |
City averages based on Occidental market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,887 |
| Total Monthly Debt Service | $2,068 |
| DSCR Ratio | 1.40x |
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.
Lot
Built in N/A
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95465, Occidental, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,132 (100%) |
| Owner Occupied HU | 594 (52.5%) |
| Renter Occupied HU | 273 (24.1%) |
| Vacant Housing Units | 265 (23.4%) |
| Median Home Value | $1,256,849 |
| Average Home Value | $1,320,034 |
Housing Distribution
Address Breakdown
Residential
522
Single Family
522
Multi-Family
0
Businesses
119
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
Lot
Built in N/A
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95465, Occidental, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,132 (100%) |
| Owner Occupied HU | 594 (52.5%) |
| Renter Occupied HU | 273 (24.1%) |
| Vacant Housing Units | 265 (23.4%) |
| Median Home Value | $1,256,849 |
| Average Home Value | $1,320,034 |
Housing Distribution
Address Breakdown
Residential
522
Single Family
522
Multi-Family
0
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael C Murphy • Century 21 Epic
Mls Name: BAREIS
Mls Provider:
Mls ID: #324032963
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.