38051 Ocean Ridge DriveGualalaCA95445
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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
Total monthly income runs $3,505/mo, and a $3,084/mo payment. Purchase price stands at $630,000, and rental yield measures 6.68% with $3,505/mo rent. Return on cash invested shows 17.79% in year one, and 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 91.44% and total cumulative return in cash records $189,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,505/mo property income covering a $3,084/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95445, Gualala, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,574 (100%) |
| Owner Occupied HU | 833 (52.9%) |
| Renter Occupied HU | 269 (17.1%) |
| Vacant Housing Units | 472 (30.0%) |
| Median Home Value | $808,802 |
| Average Home Value | $828,286 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
486
Multi-Family
0
Businesses
162
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Listed by: Rosie Iversen • Coldwell Banker Coastal Proper
Mls Name: BAREIS
Mls ID: #325057851