405 Oak View RdNewcastleCA95658
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
Investment Highlights
Investment property for sale in Newcastle at 405 Oak View Rd, Newcastle, CA, 95658 at $625,000 posts ROI 24.02% with $678/mo cash flow from $4,544/mo rent. Total monthly income equals $4,544/mo, and annual cash flow records $8,132/yr on $205,625 to close. Return on cash invested measures 24.02% and rental yield reads 8.72% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 124.82% and total cumulative return in cash totals $256,669.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,544/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
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Nearby investment properties with comparable prices
Listed by: Scott Kirk • Weichert, Realtors-Sierra Pacific Group
Mls Name: MetroList Services of CA
Mls ID: #225132695