3801 Chinquapin DrWillitsCA95490
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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 Willits at 3801 Chinquapin Dr, Willits, CA, 95490 offers $4,780/mo rent that, after a $1,708/mo payment, leaves $2,621/mo cash flow. Total monthly income is $4,780/mo, and annual cash flow is $31,454/yr on $115,694 cash. Return on cash invested measures 47.1% in year one, and rental yield stands at 16.44% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 248.65% and total cumulative return in cash reaches $287,676. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,780/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.59 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: Eric Hackney • W Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #323048888
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.