213 Elbridge Avenue #ECloverdaleCA95425
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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 Cloverdale at 213 Elbridge Avenue #E, Cloverdale, CA, 95425 with 5% annual appreciation on a $362,000 basis while $2,964/mo rent supports operations. Total monthly income totals $2,964/mo and a $1,772/mo payment preserves $724/mo for cash returns. Annual cash flow comes to $8,693/yr on $120,003 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $2,336/yr, and five-year appreciation sums $100,014 alongside rental yield of 9.83%. Five-year ROI measures 141.7% and total cumulative return in cash totals $170,041.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,964/mo property income versus a $1,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1992
614.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95425, Cloverdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 2,768 (60.0%) |
| Renter Occupied HU | 1,508 (32.7%) |
| Vacant Housing Units | 334 ( 7.2%) |
| Median Home Value | $681,283 |
| Average Home Value | $827,243 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,189
Multi-Family
282
Businesses
413
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Listed by: Elsie Richardson • W Real Estate
Mls Name: BAREIS
Mls ID: #325094301