21602 My WayMiddletownCA95461
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play21602 My Way, Middletown, CA, 95461 in Middletown is priced for appreciation, not yield. Rental yield 5.89%. At $489,000 with a 5.89% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $135,102 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.09) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $145,215.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(625) | $850 |
City averages based on Middletown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $2,830 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2019
5.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95461, Middletown, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,016 (57.2%) |
| Renter Occupied HU | 380 (21.4%) |
| Vacant Housing Units | 381 (21.4%) |
| Median Home Value | $471,008 |
| Average Home Value | $626,449 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
776
Multi-Family
37
Businesses
214
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 2019
5.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95461, Middletown, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,016 (57.2%) |
| Renter Occupied HU | 380 (21.4%) |
| Vacant Housing Units | 381 (21.4%) |
| Median Home Value | $471,008 |
| Average Home Value | $626,449 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
776
Multi-Family
37
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew D Eshoo • Pacific Alliance Real Estate
Mls Name: BAREIS
Mls ID: #325075734