2500 Novi DrRiverbankCA95367
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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 Riverbank at 2500 Novi Dr, Riverbank, CA, 95367 earns from $3,011/mo rent with a $2,687/mo payment. Total monthly income totals $3,011/mo. ROI tracks 17.5% on current figures, and rental yield reads 6.58% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 89.88% and total cumulative return in cash sums $162,344. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,011/mo property income instead of your personal income.
Single Family
Built in 2002
6,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95367, Riverbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,899 (100%) |
| Owner Occupied HU | 5,618 (71.1%) |
| Renter Occupied HU | 2,106 (26.7%) |
| Vacant Housing Units | 175 ( 2.2%) |
| Median Home Value | $487,981 |
| Average Home Value | $542,508 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
7,584
Multi-Family
76
Businesses
415
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Listed by: Sherilyn Van Duyn • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls ID: #226006860