21342 Highway 116Monte RioCA95462
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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 Monte Rio at 21342 Highway 116, Monte Rio, CA, 95462 listed at $670,000 pairs $6,240/mo rent with a $3,279/mo payment to leave $2,096/mo cash flow. Total monthly income runs $6,240/mo, and annual cash flow reaches $25,147/yr on $220,430 cash to close. Return on cash invested measures 31.47% in year one, and rental yield registers 11.18% at a $670,000 basis. Equity gained on principal adds $4,323/yr, and annual property appreciation at 5% supports $185,109 by year five. Five-year ROI tracks 164.79% and total cumulative return in cash totals $363,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,240/mo property income relative to a $3,279/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
8,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95462, Monte Rio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 463 (43.0%) |
| Renter Occupied HU | 225 (20.9%) |
| Vacant Housing Units | 388 (36.1%) |
| Median Home Value | $746,118 |
| Average Home Value | $771,544 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
45
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Listed by: Milli A Cannata • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324052318
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.