260 N 16th StMontagueCA96064
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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 Montague at 260 N 16th St, Montague, CA, 96064 uses $65,969 cash to close to unlock $3,455/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $974/mo payment keeps the spread at $288/mo. Purchase price stands at $199,000, and rental yield measures 9.16% with $1,519/mo rent. Return on cash invested shows 25.15% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash records $86,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96064, Montague, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,247 (100%) |
| Owner Occupied HU | 1,436 (63.9%) |
| Renter Occupied HU | 424 (18.9%) |
| Vacant Housing Units | 387 (17.2%) |
| Median Home Value | $375,188 |
| Average Home Value | $468,438 |
Housing Distribution
Address Breakdown
Residential
1,556
Single Family
1,520
Multi-Family
36
Businesses
75
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Listed by: Trish Moore • Trish Moore Real Estate
Mls Name: SMLS
Mls ID: #20251207