196 Vista Del Rio StGridleyCA95948
INVESTMENT ANALYSIS
Investment Verdict
Solid Income196 Vista Del Rio St, Gridley, CA, 95948 in Gridley is a solid income-producing rental, 8.55% gross yield, $2,815/mo rent, $372/mo net cash flow on a $395,000 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $109,131 and $3,638/yr in principal reduction project a total cumulative return of $173,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $372 | $400 |
City averages based on Gridley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,815 |
| Total Monthly Debt Service | $2,286 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1954
7,405 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
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
Single Family
Built in 1954
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patti Shogren • Berkshire Hathaway HomeServices Heritage, REALTORS
Mls Name: MetroList Services of CA
Mls ID: #225093846