245 E Main StGrass ValleyCA95945
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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 Grass Valley at 245 E Main St, Grass Valley, CA, 95945 uses $105,749 cash to close to unlock $11,579/yr annual cash flow and $965/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,561/mo payment keeps the spread at $965/mo. Purchase price stands at $319,000, and rental yield measures 11.05% with $2,938/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 161.54% and total cumulative return in cash records $170,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1880
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95945, Grass Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,659 (100%) |
| Owner Occupied HU | 6,915 (54.6%) |
| Renter Occupied HU | 4,685 (37.0%) |
| Vacant Housing Units | 1,059 ( 8.4%) |
| Median Home Value | $613,070 |
| Average Home Value | $654,818 |
Housing Distribution
Address Breakdown
Residential
11,334
Single Family
9,686
Multi-Family
1,648
Businesses
1,679
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Listed by: N/A • N/A
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