2289 Ridgerun RdQuincyCA95971
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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 Quincy at 2289 Ridgerun Rd, Quincy, CA, 95971 generates $2,886/mo in rent and, after a $2,080/mo payment, leaves $257/mo in cash flow. Total monthly income is $2,886/mo, and annual cash flow is $3,084/yr on $140,888 invested. Return on cash invested sits at 22.1% in year one, and rental yield is 8.15% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 114.61% and total cumulative return in cash sums $161,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
2.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95971, Quincy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,454 (100%) |
| Owner Occupied HU | 1,889 (54.7%) |
| Renter Occupied HU | 996 (28.8%) |
| Vacant Housing Units | 569 (16.5%) |
| Median Home Value | $377,007 |
| Average Home Value | $397,177 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,814
Multi-Family
150
Businesses
447
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Listed by: Cassandra Barr • EXP REALTY OF CALIFORNIA, INC
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20240504
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Plumas Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2024 Plumas Association of Realtors. All Rights Reserved.