3320 Springe StNiceCA95464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nice at 3320 Springe St, Nice, CA, 95464 generates $1,457/mo in rent and, after a $1,008/mo payment, leaves $18/mo in cash flow. Total monthly income is $1,457/mo, and annual cash flow is $219/yr on $68,289 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 8.49% on a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation builds toward $56,914 over five years. Five-year ROI reaches 105.66% and total cumulative return in cash sums $72,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,457/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95464, Nice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,395 (100%) |
| Owner Occupied HU | 747 (53.5%) |
| Renter Occupied HU | 380 (27.2%) |
| Vacant Housing Units | 268 (19.2%) |
| Median Home Value | $156,157 |
| Average Home Value | $228,337 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Audrey Low • Coldwell Banker Mendo Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #325017165
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.