2244 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 2244 Mia Dr, Newman, CA, 95360 generates $2,400/mo in rent, after a $2,320/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 15.84% in year one, and rental yield is 6.08% on a $473,900 entry. Equity gained on principal adds $3,058/yr, while 5% annual appreciation builds toward $130,930 over five years. Five-year ROI reaches 81.04% and total cumulative return in cash sums $127,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
3,650 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanine M Roach • LGI Realty - California, Inc.
Mls Name: BAREIS
Mls Provider:
Mls ID: #225038364
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.