38881 Comptche Ukiah RdMendocinoCA95460
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 38881 Comptche Ukiah Rd, Mendocino, CA, 95460 in Mendocino worth study. Rental yield 4.63%. The 4.63% gross yield is below cash-flow benchmarks at $1,595,000, but 5% annual appreciation, adding $440,669 over five years, frames this as a capital growth position. Rent of $6,150/mo partially offsets the $7,172/mo payment. Ziffy Mortgage finances appreciation-play properties (0.86 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $365,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 5.5% |
| Monthly Cash Flow | $(3,717) | $1,500 |
City averages based on Mendocino market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,150 |
| Total Monthly Debt Service | $9,232 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1973
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95460, Mendocino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 735 (53.5%) |
| Renter Occupied HU | 260 (18.9%) |
| Vacant Housing Units | 380 (27.6%) |
| Median Home Value | $664,931 |
| Average Home Value | $796,020 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
274
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
Single Family
Built in 1973
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95460, Mendocino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 735 (53.5%) |
| Renter Occupied HU | 260 (18.9%) |
| Vacant Housing Units | 380 (27.6%) |
| Median Home Value | $664,931 |
| Average Home Value | $796,020 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices