2470 State Highway 45GlennCA95943
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.94% gross rental yield, 2470 State Highway 45, Glenn, CA, 95943 in Glenn is priced for capital growth, not immediate cash flow. The $599,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $165,493 by year five, with $5,517/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.73) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $115,432.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(1,736) | $150 |
City averages based on Glenn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,969 |
| Total Monthly Debt Service | $3,467 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1949
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95943, Glenn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 309 (100%) |
| Owner Occupied HU | 150 (48.5%) |
| Renter Occupied HU | 125 (40.5%) |
| Vacant Housing Units | 34 (11.0%) |
| Median Home Value | $784,483 |
| Average Home Value | $948,517 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
25
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
Multi Family
Built in 1949
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95943, Glenn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 309 (100%) |
| Owner Occupied HU | 150 (48.5%) |
| Renter Occupied HU | 125 (40.5%) |
| Vacant Housing Units | 34 (11.0%) |
| Median Home Value | $784,483 |
| Average Home Value | $948,517 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Palemon Lepe, Jr • PL Realty & Property Management
Mls Name: MetroList Services of CA
Mls ID: #225043600