219 S Elm AveRiponCA95366
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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
Rental property for sale in Ripon at 219 S Elm Ave, Ripon, CA, 95366 offers $3,492/mo rent that, after a $2,936/mo payment. Total monthly income is $3,492/mo. Return on cash invested measures 18.73% in year one, and rental yield stands at 6.98% at a $599,950 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,755 by year five. Five-year ROI records 96.5% and total cumulative return in cash reaches $190,472. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,492/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
6,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95366, Ripon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,469 (100%) |
| Owner Occupied HU | 4,467 (69.1%) |
| Renter Occupied HU | 1,778 (27.5%) |
| Vacant Housing Units | 224 ( 3.5%) |
| Median Home Value | $737,147 |
| Average Home Value | $755,471 |
Housing Distribution
Address Breakdown
Residential
6,376
Single Family
6,027
Multi-Family
349
Businesses
662
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Nearby investment properties with comparable prices
Listed by: Angel Keenan • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224125884
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.