231 Main Ranch RdQuincyCA95971
Nearby investment properties with comparable rents
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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 231 Main Ranch Rd, Quincy, CA, 95971 priced at $399,500 converts $2,770/mo rent into $132/mo cash flow after a $1,955/mo obligation. Total monthly income equals $2,770/mo, and annual cash flow totals $1,578/yr on $132,434 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 8.32% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 109.79% and total cumulative return in cash sums $145,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,770/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in 2004
3.54 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: Steven Simonetti • SIMONETTI AND ASSOCIATES
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20230953
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.