1860 Ringnecked Pheasant CtGridleyCA95948
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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 Gridley at 1860 Ringnecked Pheasant Ct, Gridley, CA, 95948 earns $1,970/mo cash flow from $5,753/mo rent with a $2,887/mo payment. Total monthly income totals $5,753/mo, and annual cash flow totals $23,638/yr on $194,077 capital. ROI tracks 32.24% on current figures, and rental yield reads 11.7% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 169.22% and total cumulative return in cash sums $328,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,753/mo property income instead of your personal income.
Single Family
Built in 2007
6,970 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: Kal Johal • Keller Williams Rlty Yuba-Sutr
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224051551
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.