2341 Mikayla CtSanta RosaCA95403
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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 Santa Rosa at 2341 Mikayla Ct, Santa Rosa, CA, 95403 uses $223,556 cash to close to unlock $10,756/yr annual cash flow and $896/mo monthly cash flow. Total monthly income runs $5,100/mo, and a $3,326/mo payment keeps the spread at $896/mo. Purchase price stands at $679,500, and rental yield measures 9.01% with $5,100/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $187,733 over five years. Five-year ROI reaches 129.42% and total cumulative return in cash records $289,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,100/mo property income covering a $3,326/mo payment rather than investor’s personal income.
Single Family
Built in 1994
3,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95403, Santa Rosa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,305 (100%) |
| Owner Occupied HU | 9,339 (51.0%) |
| Renter Occupied HU | 7,753 (42.4%) |
| Vacant Housing Units | 1,213 ( 6.6%) |
| Median Home Value | $726,244 |
| Average Home Value | $799,497 |
Housing Distribution
Address Breakdown
Residential
18,825
Single Family
14,220
Multi-Family
4,605
Businesses
1,926
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Listed by: Richard Vonsternberg • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324072260
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.