357 McKinley StWillitsCA95490
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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 Willits at 357 McKinley St, Willits, CA, 95490 uses $125,639 cash to close to unlock $14,681/yr annual cash flow and $1,223/mo monthly cash flow. Total monthly income runs $3,736/mo, and a $1,855/mo payment keeps the spread at $1,223/mo. Purchase price stands at $379,000, and rental yield measures 11.83% with $3,736/mo rent. Return on cash invested shows 31.59% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 166.09% and total cumulative return in cash records $208,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,736/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95490, Willits, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,598 (57.1%) |
| Renter Occupied HU | 1,999 (31.7%) |
| Vacant Housing Units | 702 (11.1%) |
| Median Home Value | $441,899 |
| Average Home Value | $534,340 |
Housing Distribution
Address Breakdown
Residential
5,458
Single Family
5,178
Multi-Family
280
Businesses
526
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Listed by: Drew Nicoll • eXp Realty of California, Inc
Mls Name: BAREIS
Mls Provider:
Mls ID: #324060042
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.