160 Cherry StHomewoodCA96141
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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 Homewood at 160 Cherry St, Homewood, CA, 96141 projects strong ROI of 3.96%. Rental yield 2.12%. With 5% annual appreciation, the property builds $2,072,112 in value over five years. Equity growth combined delivers a projected five-year ROI of 17.23%, translating into $418,808 in total cumulative return on $2,430,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2020
2.30 Acres lot
$N/A/sqft
$905 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96141, Homewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 213 (14.2%) |
| Renter Occupied HU | 81 ( 5.4%) |
| Vacant Housing Units | 1,211 (80.5%) |
| Median Home Value | $1,442,708 |
| Average Home Value | $1,459,272 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
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Listed by: Amie Quirarte • Tahoe Luxury Properties
Mls Name: TSMLS
Mls Provider:
Mls ID: #20230697
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