15526 Cascade DrNevada CityCA95959
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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 Nevada City at 15526 Cascade Dr, Nevada City, CA, 95959 listed at $455,000 pairs $2,998/mo rent with a $2,227/mo payment to leave $132/mo cash flow. Total monthly income runs $2,998/mo, and annual cash flow reaches $1,585/yr on $150,833 cash to close. Return on cash invested measures 20.96% in year one, and rental yield registers 7.91% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 108.65% and total cumulative return in cash totals $163,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,998/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95959, Nevada City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 6,437 (67.8%) |
| Renter Occupied HU | 1,900 (20.0%) |
| Vacant Housing Units | 1,157 (12.2%) |
| Median Home Value | $697,917 |
| Average Home Value | $750,661 |
Housing Distribution
Address Breakdown
Residential
7,882
Single Family
7,770
Multi-Family
112
Businesses
748
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Listed by: Nancy Nebilak • Nebilak and Associates Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225073063