22877 E Parkwood DrGrovelandCA95321
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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 22877 E Parkwood Dr, Groveland, CA, 95321 generates $1,475/mo in rent and, after a $1,028/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,475/mo, and annual cash flow is $2,109/yr on $69,615 invested. Return on cash invested sits at 22.94% in year one, and rental yield is 8.43% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 119.1% and total cumulative return in cash sums $82,912. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,475/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
7,405 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: Val Bruce • PINE MTN LAKE REALTY
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41112084