1529 Garnet WayPlumas LakeCA95961
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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
Investment Highlights
Investment property for sale in Plumas Lake at 1529 Garnet Way, Plumas Lake, CA, 95961 listed at $429,000 pairs $2,941/mo rent with a $2,100/mo payment to leave $287/mo cash flow. Total monthly income runs $2,941/mo, and annual cash flow reaches $3,442/yr on $142,214 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 8.23% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 115.81% and total cumulative return in cash totals $164,701. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,941/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
5,898 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95961, Olivehurst, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,106 (100%) |
| Owner Occupied HU | 7,417 (66.8%) |
| Renter Occupied HU | 3,043 (27.4%) |
| Vacant Housing Units | 646 ( 5.8%) |
| Median Home Value | $431,688 |
| Average Home Value | $443,252 |
Housing Distribution
Address Breakdown
Residential
10,663
Single Family
10,381
Multi-Family
282
Businesses
236
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Listed by: Kelsie Morse • Providence Properties
Mls Name: MetroList Services of CA
Mls ID: #225123750