40838 Oak Ridge DriveThree RiversCA93271
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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
Investment property for sale in Three Rivers at 40838 Oak Ridge Drive, Three Rivers, CA, 93271 offers a 6.73% rental yield on a $620,000 purchase with $3,478/mo rent. 96% in year one. Equity gained on principal adds $4,001/yr while 5% annual appreciation supports $171,295 over five years. Portfolio math shows five-year ROI at 92.35% and total cumulative return in cash at $188,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,478/mo property income against a $3,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93271, Three Rivers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 758 (54.2%) |
| Renter Occupied HU | 237 (16.9%) |
| Vacant Housing Units | 404 (28.9%) |
| Median Home Value | $475,676 |
| Average Home Value | $545,851 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
776
Multi-Family
123
Businesses
160
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Listed by: Nancy A Vevoda • STARRE
Mls Name: TCMLS
Mls ID: #238970