420 E Main StIoneCA95640
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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 Ione at 420 E Main St, Ione, CA, 95640 uses $99,119 cash to close to unlock $4,293/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,463/mo payment keeps the spread at $358/mo. Purchase price stands at $299,000, and rental yield measures 8.86% with $2,207/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 126.07% and total cumulative return in cash records $124,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1964
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95640, Ione, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 2,970 (71.3%) |
| Renter Occupied HU | 863 (20.7%) |
| Vacant Housing Units | 333 ( 8.0%) |
| Median Home Value | $486,328 |
| Average Home Value | $526,797 |
Housing Distribution
Address Breakdown
Residential
3,661
Single Family
3,597
Multi-Family
64
Businesses
175
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Listed by: Jenny Peckinpaugh • Village Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225120596