255 Lehi LnNewcastleCA95658
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
Investment Highlights
Rental property for sale in Newcastle at 255 Lehi Ln, Newcastle, CA, 95658 priced at $1,150,000 pairs $6,012/mo rent with after a $5,629/mo payment. Total monthly income equals $6,012/mo. Return on cash invested is 16.82% in year one, and rental yield stands at 6.27% on a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and 5% annual appreciation accumulates to $317,724 by year five. Five-year ROI measures 86.17% and total cumulative return in cash reaches $321,081. For financing, Ziffy Mortgage’s DSCR program evaluates $6,012/mo property income against a $5,629/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rory Delmue • Nebilak and Associates Real Es
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224048851
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.