361 Berding StFerndaleCA95536
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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 Ferndale at 361 Berding St, Ferndale, CA, 95536 priced at $645,000 converts $3,067/mo rent into after a $3,157/mo obligation. Total monthly income equals $3,067/mo. Return on cash invested prints 14.84% in year one, and rental yield reads 5.71% against a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation compiles into $178,202 by year five. Five-year ROI reaches 75.61% and total cumulative return in cash sums $160,444. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,067/mo property income covering a $3,157/mo payment, not borrower’s personal income.
Single Family
Built in 1938
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95536, Ferndale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 728 (53.4%) |
| Renter Occupied HU | 434 (31.8%) |
| Vacant Housing Units | 201 (14.7%) |
| Median Home Value | $647,500 |
| Average Home Value | $719,488 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
159
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Listed by: Brenda Lockhart • Ming Tree, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #268224
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.