1617 Heath WayCeresCA95307
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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
Rental property for sale in Ceres at 1617 Heath Way, Ceres, CA, 95307 priced at $615,000 pairs $3,485/mo rent with after a $3,010/mo payment. Total monthly income equals $3,485/mo. Return on cash invested is 18.17% in year one, and rental yield stands at 6.8% on a $615,000 basis. Equity gained on principal adds $3,969/yr, and 5% annual appreciation accumulates to $169,913 by year five. Five-year ROI measures 93.46% and total cumulative return in cash reaches $189,101. For financing, Ziffy Mortgage’s DSCR program evaluates $3,485/mo property income against a $3,010/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
6,882 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
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Listed by: Sandra Oliveira • Emil Real Estate Services, Inc.
Mls Name: MetroList Services of CA
Mls ID: #225054684