374 Loleta DrLoletaCA95551
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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 Loleta at 374 Loleta Dr, Loleta, CA, 95551 priced at $359,000 converts $1,609/mo rent into after a $1,757/mo obligation. Total monthly income equals $1,609/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 5.38% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 69.78% and total cumulative return in cash sums $83,047. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,609/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 1904
6,969 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: Sharon Lutz • Ming Tree, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #268029
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.