2237 Grand Canyon WayNewmanCA95360
Nearby investment properties with comparable rents
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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 Newman at 2237 Grand Canyon Way, Newman, CA, 95360 earns $315/mo cash flow from $2,542/mo rent with a $1,762/mo payment. Total monthly income totals $2,542/mo, and annual cash flow totals $3,780/yr on $119,340 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.47% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 119.81% and total cumulative return in cash sums $142,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,542/mo property income instead of your personal income.
Single Family
Built in 2004
7,004 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: Josue Serrano • EXIT Realty Consultants
Mls Name: MetroList Services of CA
Mls ID: #225125037