314 N Albert Avenue #50ExeterCA93221
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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 Exeter at 314 N Albert Avenue #50, Exeter, CA, 93221 earns $200/mo cash flow from $912/mo rent with a $563/mo payment. Total monthly income totals $912/mo, and annual cash flow totals $2,405/yr on $38,123 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.52% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 136.76% and total cumulative return in cash sums $52,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $912/mo property income instead of your personal income.
Manufactured
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93221, Exeter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,429 (100%) |
| Owner Occupied HU | 3,321 (61.2%) |
| Renter Occupied HU | 1,787 (32.9%) |
| Vacant Housing Units | 321 ( 5.9%) |
| Median Home Value | $413,195 |
| Average Home Value | $474,015 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
4,917
Multi-Family
266
Businesses
511
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Listed by: Jordan A Mulrooney • RE/MAX Success
Mls Name: TCMLS
Mls ID: #236301