1935 Canvasback CtGridleyCA95948
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
Investment Highlights
Rental property for sale in Gridley at 1935 Canvasback Ct, Gridley, CA, 95948 priced at $432,000 converts $3,077/mo rent into $314/mo cash flow after a $2,114/mo obligation. Total monthly income equals $3,077/mo, and annual cash flow totals $3,763/yr on $143,208 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 8.55% against a $432,000 entry. Equity gained on principal adds $2,788/yr, while 5% annual appreciation compiles into $119,354 by year five. Five-year ROI reaches 117.22% and total cumulative return in cash sums $167,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,077/mo property income covering a $2,114/mo payment, not borrower’s personal income.
Single Family
Built in 2020
5,663 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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Nearby investment properties with comparable prices
Listed by: Teri Garcia • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224129159
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