20656 Longview StGrovelandCA95321
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 Groveland at 20656 Longview St, Groveland, CA, 95321 priced at $385,555 converts $3,948/mo rent into $1,299/mo cash flow after a $1,887/mo obligation. Total monthly income equals $3,948/mo, and annual cash flow totals $15,588/yr on $127,811 invested. Return on cash invested prints 32.1% in year one, and rental yield reads 12.29% against a $385,555 entry. Equity gained on principal adds $2,488/yr, while 5% annual appreciation compiles into $106,522 by year five. Five-year ROI reaches 169.12% and total cumulative return in cash sums $216,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,948/mo property income covering a $1,887/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Fulton • BHHS Drysdale- Groveland
Mls Name: TCAR MLS
Mls Provider:
Mls ID: #20240704
Disclaimer: Copyright Tuolumne County Association of REALTORS, Inc., all rights reserved. Information is deemed reliable but not guaranteed.