2024 Ellesworth CtPlumas LakeCA95961
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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
Investment property for sale in Plumas Lake at 2024 Ellesworth Ct, Plumas Lake, CA, 95961 listed at $583,000 pairs $3,515/mo rent with a $2,853/mo payment. Total monthly income runs $3,515/mo. Return on cash invested measures 19.49% in year one, and rental yield registers 7.23% at a $583,000 basis. Equity gained on principal adds $3,762/yr, and annual property appreciation at 5% supports $161,072 by year five. Five-year ROI tracks 100.55% and total cumulative return in cash totals $192,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,515/mo property income relative to a $2,853/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95961, Olivehurst, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,106 (100%) |
| Owner Occupied HU | 7,417 (66.8%) |
| Renter Occupied HU | 3,043 (27.4%) |
| Vacant Housing Units | 646 ( 5.8%) |
| Median Home Value | $431,688 |
| Average Home Value | $443,252 |
Housing Distribution
Address Breakdown
Residential
10,663
Single Family
10,381
Multi-Family
282
Businesses
236
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Listed by: Sonya Harris • Berkshire Hathaway Home Services Elite Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225110775