24189 Birch PlWillitsCA95490
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
Investment Highlights
Rental property for sale in Willits at 24189 Birch Pl, Willits, CA, 95490 priced at $299,000 converts $3,162/mo rent into $1,305/mo cash flow after a $1,463/mo obligation. Total monthly income equals $3,162/mo, and annual cash flow totals $15,658/yr on $99,119 invested. Return on cash invested prints 35.71% in year one, and rental yield reads 12.69% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 187.58% and total cumulative return in cash sums $185,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,162/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1992
7,536 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roxanne Lemos-Neese • RE/MAX Gold - Selzer and Assoc
Mls Name: BAREIS
Mls Provider:
Mls ID: #324068341
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.