2415 Florida LnDurhamCA95938
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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 Durham at 2415 Florida Ln, Durham, CA, 95938 listed at $199,900 pairs $1,509/mo rent with a $978/mo payment to leave $149/mo cash flow. Total monthly income runs $1,509/mo, and annual cash flow reaches $1,788/yr on $66,267 cash to close. Return on cash invested measures 22.61% in year one, and rental yield registers 9.06% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 118.2% and total cumulative return in cash totals $78,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,509/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95938, Durham, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,521 (100%) |
| Owner Occupied HU | 999 (65.7%) |
| Renter Occupied HU | 440 (28.9%) |
| Vacant Housing Units | 82 ( 5.4%) |
| Median Home Value | $676,414 |
| Average Home Value | $726,684 |
Housing Distribution
Address Breakdown
Residential
1,377
Single Family
1,377
Multi-Family
0
Businesses
163
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Listed by: Karla Salazar • Capitol Real Estate Group
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225066637
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