410 Pheasant Ridge RdDel Rey OaksCA93940
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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
Rental property for sale in Del Rey Oaks at 410 Pheasant Ridge Rd, Del Rey Oaks, CA, 93940 priced at $649,000 pairs $3,743/mo rent with after a $3,177/mo payment. Total monthly income equals $3,743/mo. Return on cash invested is 18.53% in year one, and rental yield stands at 6.92% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 95.41% and total cumulative return in cash reaches $203,724. For financing, Ziffy Mortgage’s DSCR program evaluates $3,743/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
1,101 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93940, Monterey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 5,474 (36.0%) |
| Renter Occupied HU | 8,085 (53.2%) |
| Vacant Housing Units | 1,636 (10.8%) |
| Median Home Value | $1,052,750 |
| Average Home Value | $1,188,289 |
Housing Distribution
Address Breakdown
Residential
15,034
Single Family
13,351
Multi-Family
1,683
Businesses
2,778
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Listed by: Kathleen R. Randazzo • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82014961