1617 Charlottesville LnCeresCA95307
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1617 Charlottesville Ln, Ceres, CA, 95307 in Ceres at $495,000 earns $3,067/mo in rent and nets $5/mo after the $2,226/mo payment, a 7.44% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $136,759 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $4,559/yr in principal paydown, total projected return reaches $187,985.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.5% |
| Monthly Cash Flow | $5 | $200 |
City averages based on Ceres market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,067 |
| Total Monthly Debt Service | $2,865 |
| DSCR Ratio | 1.07x |
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.
Single Family
Built in 1989
6,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95307, Ceres, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,374 (100%) |
| Owner Occupied HU | 8,221 (61.5%) |
| Renter Occupied HU | 4,863 (36.4%) |
| Vacant Housing Units | 290 ( 2.2%) |
| Median Home Value | $471,243 |
| Average Home Value | $519,886 |
Housing Distribution
Address Breakdown
Residential
13,247
Single Family
12,602
Multi-Family
645
Businesses
957
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
Single Family
Built in 1989
6,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95307, Ceres, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,374 (100%) |
| Owner Occupied HU | 8,221 (61.5%) |
| Renter Occupied HU | 4,863 (36.4%) |
| Vacant Housing Units | 290 ( 2.2%) |
| Median Home Value | $471,243 |
| Average Home Value | $519,886 |
Housing Distribution
Address Breakdown
Residential
13,247
Single Family
12,602
Multi-Family
645
Businesses
957
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Ortiz • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #226017152