1912 Timmons RdGrenadaCA96038
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1912 Timmons Rd, Grenada, CA, 96038 in Grenada is a conservative rental investment at $450,000. Rental yield 6.73%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $124,327; $4,145/yr in principal paydown supplements. Total projected return: $154,008.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(259) | $200 |
City averages based on Grenada market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,525 |
| Total Monthly Debt Service | $2,605 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in N/A
48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96038, Grenada, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 185 (66.3%) |
| Renter Occupied HU | 71 (25.4%) |
| Vacant Housing Units | 23 ( 8.2%) |
| Median Home Value | $419,767 |
| Average Home Value | $486,068 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
25
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
Manufactured
Built in N/A
48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96038, Grenada, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 185 (66.3%) |
| Renter Occupied HU | 71 (25.4%) |
| Vacant Housing Units | 23 ( 8.2%) |
| Median Home Value | $419,767 |
| Average Home Value | $486,068 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Knight • Heritage Properties
Mls Name: SMLS
Mls ID: #20260075