307 Redwood AveWillitsCA95490
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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
Total monthly income runs $3,360/mo, and a $3,353/mo payment. Purchase price stands at $685,000, and rental yield measures 5.89% with $3,360/mo rent. Return on cash invested shows 15.39% in year one, and 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 78.57% and total cumulative return in cash records $177,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $3,353/mo payment rather than investor’s personal income.
Multi Family
Built in 1916
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95490, Willits, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,598 (57.1%) |
| Renter Occupied HU | 1,999 (31.7%) |
| Vacant Housing Units | 702 (11.1%) |
| Median Home Value | $441,899 |
| Average Home Value | $534,340 |
Housing Distribution
Address Breakdown
Residential
5,458
Single Family
5,178
Multi-Family
280
Businesses
526
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Listed by: Randa L Craighead • Coldwell Banker Mendo Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324041410
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.