1631 Andover LnLincolnCA95648
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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 Lincoln at 1631 Andover Ln, Lincoln, CA, 95648 priced at $619,999 converts $3,118/mo rent into after a $3,035/mo obligation. Total monthly income equals $3,118/mo. Return on cash invested prints 14.39% in year one, and rental yield reads 6.03% against a $619,999 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,294 by year five. Five-year ROI reaches 73.72% and total cumulative return in cash sums $150,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,118/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,276 sqft lot
$N/A/sqft
$486 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95648, Lincoln, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,614 (100%) |
| Owner Occupied HU | 19,608 (79.7%) |
| Renter Occupied HU | 3,889 (15.8%) |
| Vacant Housing Units | 1,117 ( 4.5%) |
| Median Home Value | $687,520 |
| Average Home Value | $748,845 |
Housing Distribution
Address Breakdown
Residential
23,486
Single Family
22,958
Multi-Family
528
Businesses
1,021
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Listed by: Carolyn McConnell • Coldwell Banker Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224084287
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.