347 E Milgeo AveRiponCA95366
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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 Ripon at 347 E Milgeo Ave, Ripon, CA, 95366 priced at $850,000 pairs $3,710/mo rent with after a $4,160/mo payment. Total monthly income equals $3,710/mo. Return on cash invested is 13.42% in year one, and rental yield stands at 5.24% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 68% and total cumulative return in cash reaches $190,174. For financing, Ziffy Mortgage’s DSCR program evaluates $3,710/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95366, Ripon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,469 (100%) |
| Owner Occupied HU | 4,467 (69.1%) |
| Renter Occupied HU | 1,778 (27.5%) |
| Vacant Housing Units | 224 ( 3.5%) |
| Median Home Value | $737,147 |
| Average Home Value | $755,471 |
Housing Distribution
Address Breakdown
Residential
6,376
Single Family
6,027
Multi-Family
349
Businesses
662
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Listed by: Ninon Lapan-Dalman • Weeks Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225150802