2900 Park Way Dr #2PlacervilleCA95667
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 2900 Park Way Dr #2, Placerville, CA, 95667 in Placerville worth modelling. At $109,900 with a 9.03% gross yield, the $827/mo rent leaves $147/mo after the $494/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.67 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $30,363 by year five; $1,012/yr in principal reduction adds further equity. Total projected return: $51,208.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.0% |
| Monthly Cash Flow | $147 | $300 |
City averages based on Placerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $827 |
| Total Monthly Debt Service | $636 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
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
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Ellen Anderson • Tri Star Real Estate Solutions
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225086080
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