22415 Highway 229 ECanbyCA96015
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 Canby at 22415 Highway 229 E, Canby, CA, 96015 generates $1,698/mo in rent, after a $2,374/mo payment. Total monthly income is $1,698/mo. Return on cash invested sits at 10.19% in year one, and rental yield is 4.2% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 50.71% and total cumulative return in cash sums $81,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,698/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96015, Canby, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 74 (57.8%) |
| Renter Occupied HU | 23 (18.0%) |
| Vacant Housing Units | 31 (24.2%) |
| Median Home Value | $506,757 |
| Average Home Value | $459,189 |
Housing Distribution
Address Breakdown
Residential
37
Single Family
37
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Theresa Deardorff • RE/MAX Gold Woodland
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224089545
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