24909 2nd 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
Rental property for sale in Fall River Mills at 24909 2nd St, Fall River Mills, CA, 96028 generates $2,207/mo in rent, after a $2,447/mo payment. Total monthly income is $2,207/mo. Return on cash invested sits at 13.5% in year one, and rental yield is 5.3% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 68.46% and total cumulative return in cash sums $113,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,207/mo property income rather than buyer’s personal income.
Multi Family
Built in 1931
7,405 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A