351 Rhode Island StGrass ValleyCA95945
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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 Grass Valley at 351 Rhode Island St, Grass Valley, CA, 95945 with 5% annual appreciation on a $469,000 basis while $3,056/mo rent supports operations. Total monthly income totals $3,056/mo and a $2,296/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,850/yr on $155,474 deployed, and return on cash invested reaches 21.1% in year one. Equity gained on principal adds $3,026/yr, and five-year appreciation sums $129,576 alongside rental yield of 7.82%. Five-year ROI measures 109.24% and total cumulative return in cash totals $169,843.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,056/mo property income versus a $2,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95945, Grass Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,659 (100%) |
| Owner Occupied HU | 6,915 (54.6%) |
| Renter Occupied HU | 4,685 (37.0%) |
| Vacant Housing Units | 1,059 ( 8.4%) |
| Median Home Value | $613,070 |
| Average Home Value | $654,818 |
Housing Distribution
Address Breakdown
Residential
11,334
Single Family
9,686
Multi-Family
1,648
Businesses
1,679
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Listed by: Alisa Johnson • RE/MAX Gold
Mls Name: MetroList Services of CA
Mls ID: #225135644