20051 Ridgecrest WayGrovelandCA95321
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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
Rental property for sale in Groveland at 20051 Ridgecrest Way, Groveland, CA, 95321 generates $2,839/mo in rent, after a $2,570/mo payment. Total monthly income is $2,839/mo. Return on cash invested sits at 15.38% in year one, and rental yield is 6.49% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 79.2% and total cumulative return in cash sums $136,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,839/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.28 Acres lot
$N/A/sqft
$264 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95321, Groveland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,910 (100%) |
| Owner Occupied HU | 1,407 (36.0%) |
| Renter Occupied HU | 338 ( 8.6%) |
| Vacant Housing Units | 2,165 (55.4%) |
| Median Home Value | $568,202 |
| Average Home Value | $671,270 |
Housing Distribution
Address Breakdown
Residential
2,026
Single Family
432
Multi-Family
1,594
Businesses
202
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Listed by: Aleksey Astapenko • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81974542
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-14 07:36:35 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.