423 Loring AveCrockettCA94525
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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 Crockett at 423 Loring Ave, Crockett, CA, 94525 priced at $1,685,000 converts $4,723/mo rent into after a $8,247/mo obligation. Total monthly income equals $4,723/mo. Return on cash invested prints 7.84% in year one, and rental yield reads 3.36% against a $1,685,000 entry. Equity gained on principal adds $10,873/yr, while 5% annual appreciation compiles into $465,534 by year five. Five-year ROI reaches 38.02% and total cumulative return in cash sums $207,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,723/mo property income covering a $8,247/mo payment, not borrower’s personal income.
Single Family
Built in 2000
3,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94525, Crockett, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 746 (44.8%) |
| Renter Occupied HU | 780 (46.8%) |
| Vacant Housing Units | 140 ( 8.4%) |
| Median Home Value | $735,380 |
| Average Home Value | $780,566 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,497
Multi-Family
115
Businesses
109
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Listed by: Jared English • Jared English, Broker
Mls Name: MetroList Services of CA
Mls ID: #225152274