291 Cherry LnRio DellCA95562
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 Rio Dell at 291 Cherry Ln, Rio Dell, CA, 95562 offers $2,996/mo rent that, after a $1,738/mo payment, leaves $757/mo cash flow. Total monthly income is $2,996/mo, and annual cash flow is $9,082/yr on $117,683 cash. Return on cash invested measures 27.63% in year one, and rental yield stands at 10.13% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 144.38% and total cumulative return in cash reaches $169,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,996/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95562, Rio Dell, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 754 (49.9%) |
| Renter Occupied HU | 613 (40.5%) |
| Vacant Housing Units | 145 ( 9.6%) |
| Median Home Value | $391,489 |
| Average Home Value | $520,802 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,325
Multi-Family
82
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessika Chapman • Corcoran Icon Properties Eureka
Mls Name: HBMLS
Mls Provider:
Mls ID: #269825
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.