3349 E Redwood RdCeresCA95307
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 Ceres at 3349 E Redwood Rd, Ceres, CA, 95307 priced at $1,050,000 pairs $3,034/mo rent with after a $5,139/mo payment. Total monthly income equals $3,034/mo. Return on cash invested is 8.16% in year one, and rental yield stands at 3.47% on a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and 5% annual appreciation accumulates to $290,096 by year five. Five-year ROI measures 39.74% and total cumulative return in cash reaches $135,197. For financing, Ziffy Mortgage’s DSCR program evaluates $3,034/mo property income against a $5,139/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
7.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95307, Ceres, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,374 (100%) |
| Owner Occupied HU | 8,221 (61.5%) |
| Renter Occupied HU | 4,863 (36.4%) |
| Vacant Housing Units | 290 ( 2.2%) |
| Median Home Value | $471,243 |
| Average Home Value | $519,886 |
Housing Distribution
Address Breakdown
Residential
13,247
Single Family
12,602
Multi-Family
645
Businesses
957
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krishan Malhotra • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225000361
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.