174 Redwood Dr #174HollisterCA95023
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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 Hollister at 174 Redwood Dr #174, Hollister, CA, 95023 uses $109,064 cash to close to unlock $2,892/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $2,276/mo, and a $1,610/mo payment keeps the spread at $241/mo. Purchase price stands at $329,000, and rental yield measures 8.3% with $2,276/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 117.1% and total cumulative return in cash records $127,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,276/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95023, Hollister, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 13,439 (68.4%) |
| Renter Occupied HU | 5,496 (28.0%) |
| Vacant Housing Units | 704 ( 3.6%) |
| Median Home Value | $784,295 |
| Average Home Value | $817,487 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,487
Multi-Family
1,890
Businesses
1,119
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Listed by: Juan Castrillon Gallego • Alliance Manufactured Homes Inc
Mls Name: MLSListings Inc
Mls ID: #ML82031536