21055 Forest Lake PlColfaxCA95713
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Colfax rental at 21055 Forest Lake Pl, Colfax, CA, 95713 sits in the solid-income band: 9.39% gross yield, $4,853/mo rent, $984/mo net after the $2,788/mo debt service, DSCR 1.74. Entry price of $620,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $171,295 and $5,710/yr in principal reduction bring total cumulative return to $298,572.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $984 | $1,200 |
City averages based on Colfax market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,853 |
| Total Monthly Debt Service | $3,622 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
20.40 Acres lot
$N/A/sqft
$400 annually HOA
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
Single Family
Built in 1998
20.40 Acres lot
$N/A/sqft
$400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Metzker • Windermere Signature Properties Auburn
Mls Name: MetroList Services of CA
Mls ID: #225071353