311 Lake Mendocino Drive #10UkiahCA95482
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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
Rental property for sale in Ukiah at 311 Lake Mendocino Drive #10, Ukiah, CA, 95482 generates $931/mo in rent and, after a $587/mo payment, leaves $189/mo in cash flow. Total monthly income is $931/mo, and annual cash flow is $2,268/yr on $39,780 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 9.31% on a $119,999 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash sums $53,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $931/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
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: Celeste C Rodriguez • Coldwell Banker Mendo Realty
Mls Name: BAREIS
Mls ID: #325094009