15445 Ocean View DrSmith RiverCA95567
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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 Smith River at 15445 Ocean View Dr, Smith River, CA, 95567 offers a 7.7% rental yield on a $419,000 purchase with $2,689/mo rent. Total monthly income registers $2,689/mo, and a $2,051/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,161/yr on $138,899 to close, and return on cash invested stands at 20.75% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 107.32% and total cumulative return in cash at $149,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,689/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95567, Smith River, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 602 (61.3%) |
| Renter Occupied HU | 224 (22.8%) |
| Vacant Housing Units | 156 (15.9%) |
| Median Home Value | $472,527 |
| Average Home Value | $490,532 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
82
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Listed by: James Peters • Green Pacific Real Estate INC
Mls Name: DNMLS
Mls ID: #250436