306 Luning AveGerberCA96035
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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 Gerber at 306 Luning Ave, Gerber, CA, 96035 uses $38,123 cash to close to unlock $2,453/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $916/mo, and a $563/mo payment keeps the spread at $204/mo. Purchase price stands at $115,000, and rental yield measures 9.56% with $916/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 137.42% and total cumulative return in cash records $52,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $916/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1925
3,597 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96035, Gerber, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 895 (60.6%) |
| Renter Occupied HU | 433 (29.3%) |
| Vacant Housing Units | 148 (10.0%) |
| Median Home Value | $460,303 |
| Average Home Value | $473,263 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
36
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Listed by: Julia Sanchez • Moller Realty Group
Mls Name: CRMLS
Mls ID: #SN25195104