16835 Ocean View DrSmith RiverCA95567
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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 Smith River at 16835 Ocean View Dr, Smith River, CA, 95567 listed at $340,000 pairs $2,917/mo rent with a $1,664/mo payment to leave $814/mo cash flow. Total monthly income runs $2,917/mo, and annual cash flow reaches $9,766/yr on $112,710 cash to close. Return on cash invested measures 28.57% in year one, and rental yield registers 10.3% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 149.29% and total cumulative return in cash totals $168,270. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,917/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95567, Smith River, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 602 (61.3%) |
| Renter Occupied HU | 224 (22.8%) |
| Vacant Housing Units | 156 (15.9%) |
| Median Home Value | $472,527 |
| Average Home Value | $490,532 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
82
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Listed by: Donna Dewolf • Reel Properties, Inc
Mls Name: DNMLS
Mls Provider:
Mls ID: #240424
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.