277 Colony RdMyers FlatCA95554
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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 Myers Flat at 277 Colony Rd, Myers Flat, CA, 95554 priced at $199,000 converts $1,570/mo rent into $267/mo cash flow after a $974/mo obligation. Total monthly income equals $1,570/mo, and annual cash flow totals $3,210/yr on $65,969 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 9.47% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 129.45% and total cumulative return in cash sums $85,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,570/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95554, Myers Flat, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 314 (49.5%) |
| Renter Occupied HU | 144 (22.7%) |
| Vacant Housing Units | 176 (27.8%) |
| Median Home Value | $599,576 |
| Average Home Value | $641,481 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
13
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Listed by: Jain Tuey • Coldwell Banker Cutten Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #267697
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.