23750 Carson Dr Unit 12PioneerCA95666
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 23750 Carson Dr Unit 12, Pioneer, CA, 95666 in Pioneer deserves attention. This $189,000 property earns $1,759/mo in rent, a 11.17% gross yield, and nets $590/mo after the $850/mo payment. DSCR 2.07 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $52,217 compounds alongside $1,741/yr in yearly equity build, for a total cumulative return of $109,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $590 | $1,500 |
City averages based on Pioneer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,759 |
| Total Monthly Debt Service | $1,094 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95666, Pioneer, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,181 (100%) |
| Owner Occupied HU | 2,230 (53.3%) |
| Renter Occupied HU | 391 ( 9.4%) |
| Vacant Housing Units | 1,560 (37.3%) |
| Median Home Value | $443,208 |
| Average Home Value | $483,183 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,459
Multi-Family
0
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95666, Pioneer, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,181 (100%) |
| Owner Occupied HU | 2,230 (53.3%) |
| Renter Occupied HU | 391 ( 9.4%) |
| Vacant Housing Units | 1,560 (37.3%) |
| Median Home Value | $443,208 |
| Average Home Value | $483,183 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,459
Multi-Family
0
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Barnes • Gold Rush Realty Group
Mls Name: MetroList Services of CA
Mls ID: #225039680