24806 Long StFall River MillsCA96028
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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 Fall River Mills at 24806 Long St, Fall River Mills, CA, 96028 uses $82,544 cash to close to unlock $6,976/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $2,122/mo, and a $1,219/mo payment keeps the spread at $581/mo. Purchase price stands at $249,000, and rental yield measures 10.23% with $2,122/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 148.19% and total cumulative return in cash records $122,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,122/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96028, Fall River Mills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 802 (100%) |
| Owner Occupied HU | 463 (57.7%) |
| Renter Occupied HU | 169 (21.1%) |
| Vacant Housing Units | 170 (21.2%) |
| Median Home Value | $459,167 |
| Average Home Value | $493,731 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
324
Multi-Family
0
Businesses
71
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Listed by: Donna R Utterback • California Outdoor Properties
Mls Name: SMLS
Mls ID: #25-2271