1981 Newark WayLincolnCA95648
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 Lincoln at 1981 Newark Way, Lincoln, CA, 95648 priced at $725,000 converts $4,459/mo rent into after a $3,549/mo obligation. Total monthly income equals $4,459/mo. Return on cash invested prints 19.09% in year one, and rental yield reads 7.38% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 98.73% and total cumulative return in cash sums $235,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,459/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 2018
6,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95648, Lincoln, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,614 (100%) |
| Owner Occupied HU | 19,608 (79.7%) |
| Renter Occupied HU | 3,889 (15.8%) |
| Vacant Housing Units | 1,117 ( 4.5%) |
| Median Home Value | $687,520 |
| Average Home Value | $748,845 |
Housing Distribution
Address Breakdown
Residential
23,486
Single Family
22,958
Multi-Family
528
Businesses
1,021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Olson • Redfin Corporation
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224115410
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.