23004 Smith AveGerberCA96035
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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 Gerber at 23004 Smith Ave, Gerber, CA, 96035 earns from $2,417/mo rent with a $2,447/mo payment. Total monthly income totals $2,417/mo. ROI tracks 15.02% on current figures, and rental yield reads 5.8% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 76.62% and total cumulative return in cash sums $127,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,417/mo property income instead of your personal income.
Single Family
Built in 2005
4.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96035, Gerber, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 895 (60.6%) |
| Renter Occupied HU | 433 (29.3%) |
| Vacant Housing Units | 148 (10.0%) |
| Median Home Value | $460,303 |
| Average Home Value | $473,263 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
36
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Listed by: Lidia Mekhail • Re/Max American Dream Realty
Mls Name: CRMLS
Mls ID: #SN25248863