22537 Prospect HtsGrovelandCA95321
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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 Groveland at 22537 Prospect Hts, Groveland, CA, 95321 uses $87,848 cash to close to unlock $11,804/yr annual cash flow and $984/mo monthly cash flow. Total monthly income runs $2,623/mo, and a $1,297/mo payment keeps the spread at $984/mo. Purchase price stands at $265,000, and rental yield measures 11.88% with $2,623/mo rent. Return on cash invested shows 33.35% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 174.91% and total cumulative return in cash records $153,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95321, Groveland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,910 (100%) |
| Owner Occupied HU | 1,407 (36.0%) |
| Renter Occupied HU | 338 ( 8.6%) |
| Vacant Housing Units | 2,165 (55.4%) |
| Median Home Value | $568,202 |
| Average Home Value | $671,270 |
Housing Distribution
Address Breakdown
Residential
2,026
Single Family
432
Multi-Family
1,594
Businesses
202
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Listed by: Randy Hayer • Realty Executives of Northern
Mls Name: Fresno MLS
Mls ID: #640750