1911 Hillcrest Dr #67NewcastleCA95658
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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 Newcastle at 1911 Hillcrest Dr #67, Newcastle, CA, 95658 offers a 15.38% rental yield on a $154,000 purchase with $1,974/mo rent. Total monthly income registers $1,974/mo, and a $754/mo payment leaves $1,021/mo available for distribution. Annual cash flow reaches $12,253/yr on $51,051 to close, and return on cash invested stands at 43.91% in year one. Equity gained on principal adds $994/yr while 5% annual appreciation supports $42,547 over five years. Portfolio math shows five-year ROI at 231.65% and total cumulative return in cash at $118,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,974/mo property income against a $754/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
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Listed by: Kevin McDonald • Realty ONE Group Complete
Mls Name: MetroList Services of CA
Mls ID: #225124732