22608 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
Rental property for sale in Groveland at 22608 Prospect Hts, Groveland, CA, 95321 generates $2,191/mo in rent and, after a $1,125/mo payment, leaves $577/mo in cash flow. Total monthly income is $2,191/mo, and annual cash flow is $6,924/yr on $76,212 invested. Return on cash invested sits at 28.99% in year one, and rental yield is 11.44% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 152.72% and total cumulative return in cash sums $116,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,191/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
5,227 sqft lot
$N/A/sqft
$192 monthly 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: Val Bruce • PINE MTN LAKE REALTY
Mls Name: TCAR MLS
Mls Provider:
Mls ID: #20241039
Disclaimer: Copyright Tuolumne County Association of REALTORS, Inc., all rights reserved. Information is deemed reliable but not guaranteed.