2198 MickelsonLindaCA95901
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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 Linda at 2198 Mickelson, Linda, CA, 95901 offers $3,692/mo rent that, after a $2,070/mo payment, leaves $1,076/mo cash flow. Total monthly income is $3,692/mo, and annual cash flow is $12,909/yr on $140,191 cash. Return on cash invested measures 29.12% in year one, and rental yield stands at 10.48% at a $422,900 entry. Equity gained on principal adds $2,729/yr while 5% annual appreciation compounds into $116,839 by year five. Five-year ROI records 152.21% and total cumulative return in cash reaches $213,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,692/mo property income versus a $2,070/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95901, Marysville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,975 (100%) |
| Owner Occupied HU | 7,256 (51.9%) |
| Renter Occupied HU | 5,633 (40.3%) |
| Vacant Housing Units | 1,086 ( 7.8%) |
| Median Home Value | $380,118 |
| Average Home Value | $417,184 |
Housing Distribution
Address Breakdown
Residential
12,803
Single Family
11,599
Multi-Family
1,204
Businesses
975
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Listed by: Jeanine M Roach • LGI Realty - California, Inc.
Mls Name: BAREIS
Mls Provider:
Mls ID: #224065203
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.