17370 Hillcrest DrCorningCA96021
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
Investment Highlights
Investment property for sale in Corning at 17370 Hillcrest Dr, Corning, CA, 96021 earns $279/mo cash flow from $1,423/mo rent with a $905/mo payment. Total monthly income totals $1,423/mo, and annual cash flow totals $3,348/yr on $61,328 capital. ROI tracks 25.37% on current figures, and rental yield reads 9.23% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash sums $81,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,423/mo property income instead of your personal income.
Manufactured
Built in 1984
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96021, Corning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,819 (100%) |
| Owner Occupied HU | 3,955 (58.0%) |
| Renter Occupied HU | 2,387 (35.0%) |
| Vacant Housing Units | 477 ( 7.0%) |
| Median Home Value | $362,594 |
| Average Home Value | $418,668 |
Housing Distribution
Address Breakdown
Residential
5,407
Single Family
4,882
Multi-Family
525
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Galantine • RE/MAX AMERICAN DREAM
Mls Name: Tehama County AOR
Mls ID: #20250527