212 Mesa Grande DrShandonCA93461
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
Investment property for sale in Shandon at 212 Mesa Grande Dr, Shandon, CA, 93461 uses $142,214 cash to close to unlock $2,950/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $2,900/mo, and a $2,100/mo payment keeps the spread at $246/mo. Purchase price stands at $429,000, and rental yield measures 8.11% with $2,900/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 113.96% and total cumulative return in cash records $162,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,900/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93461, Shandon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 323 (61.8%) |
| Renter Occupied HU | 147 (28.1%) |
| Vacant Housing Units | 53 (10.1%) |
| Median Home Value | $495,192 |
| Average Home Value | $891,610 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Lewis • Richardson Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #NS25151771