346 Montgomery StLoletaCA95551
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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 Loleta at 346 Montgomery St, Loleta, CA, 95551 offers a 8.4% rental yield on a $389,000 purchase with $2,723/mo rent. Total monthly income registers $2,723/mo, and a $1,904/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,798/yr on $128,954 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 118.64% and total cumulative return in cash at $152,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,723/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95551, Loleta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 368 (53.8%) |
| Renter Occupied HU | 273 (39.9%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $632,609 |
| Average Home Value | $717,683 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
276
Multi-Family
0
Businesses
32
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Listed by: Lori L Matthews • Ming Tree, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #267368
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.