205 McLane CirCorningCA96021
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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 Corning at 205 McLane Cir, Corning, CA, 96021 at $970,000 posts ROI 3.36% with from $1,559/mo rent. Total monthly income equals $1,559/mo. Return on cash invested measures 3.36% and rental yield reads 1.93% at the current $970,000. Equity gained on principal adds $6,259/yr, and 5% annual appreciation supports $267,993 by year five. Five-year ROI prints 14.06% and total cumulative return in cash totals $44,861. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,559/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1965
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96021, Corning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,819 (100%) |
| Owner Occupied HU | 3,955 (58.0%) |
| Renter Occupied HU | 2,387 (35.0%) |
| Vacant Housing Units | 477 ( 7.0%) |
| Median Home Value | $362,594 |
| Average Home Value | $418,668 |
Housing Distribution
Address Breakdown
Residential
5,407
Single Family
4,882
Multi-Family
525
Businesses
402
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Listed by: Teresa Smith • Teresa E Smith, Broker
Mls Name: CRMLS
Mls ID: #SN25253382