23350 Iris LaneWillitsCA95490
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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 Willits at 23350 Iris Lane, Willits, CA, 95490 earns $995/mo cash flow from $3,181/mo rent with a $1,665/mo payment. Total monthly income totals $3,181/mo, and annual cash flow totals $11,936/yr on $112,776 capital. ROI tracks 30.49% on current figures, and rental yield reads 11.22% at a $340,200 purchase. Equity gained on principal adds $2,195/yr, and 5% annual appreciation supports $93,991 over five years. Five-year ROI reaches 159.91% and total cumulative return in cash sums $180,345. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,181/mo property income instead of your personal income.
Single Family
Built in 1975
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95490, Willits, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,598 (57.1%) |
| Renter Occupied HU | 1,999 (31.7%) |
| Vacant Housing Units | 702 (11.1%) |
| Median Home Value | $441,899 |
| Average Home Value | $534,340 |
Housing Distribution
Address Breakdown
Residential
5,458
Single Family
5,178
Multi-Family
280
Businesses
526
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Listed by: Karena Jolley • RE/MAX Gold - Selzer and Assoc
Mls Name: BAREIS
Mls Provider:
Mls ID: #325057366
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