311 Lake Mendocino Dr #9UkiahCA95482
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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 Ukiah at 311 Lake Mendocino Dr #9, Ukiah, CA, 95482 offers a 23.41% rental yield on a $119,950 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $587/mo payment leaves $1,598/mo available for distribution. Annual cash flow reaches $19,177/yr on $39,763 to close, and return on cash invested stands at 68.14% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,140 over five years. Portfolio math shows five-year ROI at 361.58% and total cumulative return in cash at $143,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95482, Ukiah, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,724 (100%) |
| Owner Occupied HU | 6,678 (48.7%) |
| Renter Occupied HU | 5,995 (43.7%) |
| Vacant Housing Units | 1,051 ( 7.7%) |
| Median Home Value | $532,811 |
| Average Home Value | $608,308 |
Housing Distribution
Address Breakdown
Residential
12,300
Single Family
10,466
Multi-Family
1,834
Businesses
1,768
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Listed by: Sherrie Johnston • Harmony Communities, Inc.
Mls Name: MetroList Services of CA
Mls ID: #325052229