431 Bobolink CtNewmanCA95360
Nearby investment properties with comparable rents
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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 Newman at 431 Bobolink Ct, Newman, CA, 95360 priced at $410,000 converts $2,611/mo rent into $74/mo cash flow after a $2,007/mo obligation. Total monthly income equals $2,611/mo, and annual cash flow totals $893/yr on $135,915 invested. Return on cash invested prints 20.57% in year one, and rental yield reads 7.64% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 106.37% and total cumulative return in cash sums $144,575. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,611/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1992
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95360, Newman, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,298 (100%) |
| Owner Occupied HU | 2,737 (63.7%) |
| Renter Occupied HU | 1,448 (33.7%) |
| Vacant Housing Units | 113 ( 2.6%) |
| Median Home Value | $483,159 |
| Average Home Value | $523,692 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
3,864
Multi-Family
203
Businesses
235
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Listed by: Lisa Aguilera • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls ID: #225071619