2233 Mia DrNewmanCA95360
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
Investment Highlights
Rental property for sale in Newman at 2233 Mia Dr, Newman, CA, 95360 priced at $506,900 pairs $4,268/mo rent with $1,132/mo cash flow after a $2,481/mo payment. Total monthly income equals $4,268/mo, and annual cash flow comes to $13,587/yr on $166,770 invested. Return on cash invested is 28.21% in year one, and rental yield stands at 10.1% on a $506,900 basis. Equity gained on principal adds $3,271/yr, and 5% annual appreciation accumulates to $140,047 by year five. Five-year ROI measures 147.32% and total cumulative return in cash reaches $245,690. For financing, Ziffy Mortgage’s DSCR program evaluates $4,268/mo property income against a $2,481/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95360, Newman, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,298 (100%) |
| Owner Occupied HU | 2,737 (63.7%) |
| Renter Occupied HU | 1,448 (33.7%) |
| Vacant Housing Units | 113 ( 2.6%) |
| Median Home Value | $483,159 |
| Average Home Value | $523,692 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
3,864
Multi-Family
203
Businesses
235
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Listed by: Jeanine M Roach • LGI Realty - California, Inc.
Mls Name: BAREIS
Mls Provider:
Mls ID: #224090762
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.