38668 Coral CtGualalaCA95445
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 38668 Coral Ct, Gualala, CA, 95445 in Gualala hard to pass up. The 17.72% gross yield on a $185,000 purchase results in $2,732/mo in rent and $1,588/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.28). Annual cash flow of $19,056, five-year appreciation of $51,112, and $1,704/yr in equity build-up combine for a projected total cumulative return of $172,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.7% | 5.0% |
| Monthly Cash Flow | $1,588 | $1,500 |
City averages based on Gualala market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,732 |
| Total Monthly Debt Service | $1,071 |
| DSCR Ratio | 2.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark A Mason • Mason's Sea Ranch & Coastal Re
Mls Name: BAREIS
Mls Provider:
Mls ID: #324075521
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.