397 Washington Irving Dr,Colfax,CA,95713

Investment Highlights

Rental property for sale in Colfax at 397 Washington Irving Dr, Colfax, CA, 95713 offers $3,242/mo rent that, after a $2,296/mo payment, leaves $340/mo cash flow. Total monthly income is $3,242/mo, and annual cash flow is $4,082/yr on $155,474 cash. Return on cash invested measures 22.53% in year one, and rental yield stands at 8.3% at a $469,000 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,576 by year five. Five-year ROI records 116.93% and total cumulative return in cash reaches $181,795. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,242/mo property income versus a $2,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.