183 Park CirGridleyCA95948
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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 Gridley at 183 Park Cir, Gridley, CA, 95948 priced at $390,400 converts $2,220/mo rent into after a $1,911/mo obligation. Total monthly income equals $2,220/mo. Return on cash invested prints 18.1% in year one, and rental yield reads 6.82% against a $390,400 entry. Equity gained on principal adds $2,519/yr, while 5% annual appreciation compiles into $107,860 by year five. Five-year ROI reaches 93.13% and total cumulative return in cash sums $120,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,911/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,180 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95948, Gridley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,134 (100%) |
| Owner Occupied HU | 2,270 (54.9%) |
| Renter Occupied HU | 1,553 (37.6%) |
| Vacant Housing Units | 311 ( 7.5%) |
| Median Home Value | $378,980 |
| Average Home Value | $458,438 |
Housing Distribution
Address Breakdown
Residential
4,042
Single Family
3,883
Multi-Family
159
Businesses
361
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Listed by: Donna Phelan • Showcase Real Estate
Mls Name: CRMLS
Mls ID: #OR25148689