309 Olive StWheatlandCA95692
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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 Wheatland at 309 Olive St, Wheatland, CA, 95692 offers a 8.66% rental yield on a $379,000 purchase with $2,736/mo rent. Total monthly income registers $2,736/mo, and a $1,855/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,697/yr on $125,639 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 122.9% and total cumulative return in cash at $154,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,736/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
6,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95692, Wheatland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,288 (65.7%) |
| Renter Occupied HU | 600 (30.6%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $453,398 |
| Average Home Value | $522,207 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,639
Multi-Family
73
Businesses
125
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Listed by: Erik-Jaems Pendergraph • Realty ONE Group Complete
Mls Name: MetroList Services of CA
Mls ID: #225131064