24220 Camellia DriveWillitsCA95490
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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 Willits at 24220 Camellia Drive, Willits, CA, 95490 offers a 11.23% rental yield on a $359,000 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $1,757/mo payment leaves $1,139/mo available for distribution. Annual cash flow reaches $13,671/yr on $119,009 to close, and return on cash invested stands at 31.4% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 164.47% and total cumulative return in cash at $195,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.32 Acres 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
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Listed by: Steve Bowne • W Real Estate
Mls Name: BAREIS
Mls ID: #325055267