242 Hastings AveBiggsCA95917
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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
Rental property for sale in Biggs at 242 Hastings Ave, Biggs, CA, 95917 offers $2,671/mo rent that, after a $3,059/mo payment. Total monthly income is $2,671/mo. Return on cash invested measures 12.97% in year one, and rental yield stands at 5.13% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 65.62% and total cumulative return in cash reaches $134,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,671/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
4.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95917, Biggs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 759 (66.4%) |
| Renter Occupied HU | 303 (26.5%) |
| Vacant Housing Units | 81 ( 7.1%) |
| Median Home Value | $460,497 |
| Average Home Value | $553,854 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
68
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Listed by: Steve McCarthy • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls ID: #225097806