28831 New School Rd, Nevada City, CA, 95959 | $1,318/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Nevada City at 28831 New School Rd, Nevada City, CA, 95959 offers $6,344/mo rent that, after a $3,891/mo payment, leaves $1,318/mo cash flow. Total monthly income is $6,344/mo, and annual cash flow is $15,814/yr on $261,555 cash. Return on cash invested measures 26.11% in year one, and rental yield stands at 9.58% at a $795,000 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,644 by year five. Five-year ROI records 136.22% and total cumulative return in cash reaches $356,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,344/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1981

8.28 Acres lot

$N/A/sqft

$250 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95959, Nevada City, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,494 (100%)
Owner Occupied HU	6,437 (67.8%)
Renter Occupied HU	1,900 (20.0%)
Vacant Housing Units	1,157 (12.2%)
Median Home Value	$697,917
Average Home Value	$750,661