2517 Running Springs LnQuincyCA95971
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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 Quincy at 2517 Running Springs Ln, Quincy, CA, 95971 priced at $160,000 converts $1,811/mo rent into $821/mo cash flow after a $783/mo obligation. Total monthly income equals $1,811/mo, and annual cash flow totals $9,856/yr on $53,040 invested. Return on cash invested prints 38.49% in year one, and rental yield reads 13.58% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 202.54% and total cumulative return in cash sums $107,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,811/mo property income covering a $783/mo payment, not borrower’s personal income.
Lot
Built in N/A
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95971, Quincy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,454 (100%) |
| Owner Occupied HU | 1,889 (54.7%) |
| Renter Occupied HU | 996 (28.8%) |
| Vacant Housing Units | 569 (16.5%) |
| Median Home Value | $377,007 |
| Average Home Value | $397,177 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,814
Multi-Family
150
Businesses
447
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Listed by: Randy Barlow • COLDWELL BANKER PIONEER
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20240058
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