447 Sage StGridleyCA95948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gridley at 447 Sage St, Gridley, CA, 95948 uses $112,710 cash to close to unlock $4,846/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,664/mo payment keeps the spread at $404/mo. Purchase price stands at $340,000, and rental yield measures 8.85% with $2,507/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 125.9% and total cumulative return in cash records $141,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95948, Gridley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,134 (100%) |
| Owner Occupied HU | 2,270 (54.9%) |
| Renter Occupied HU | 1,553 (37.6%) |
| Vacant Housing Units | 311 ( 7.5%) |
| Median Home Value | $378,980 |
| Average Home Value | $458,438 |
Housing Distribution
Address Breakdown
Residential
4,042
Single Family
3,883
Multi-Family
159
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harvey Ramirez • California Gold Realty
Mls Name: MetroList Services of CA
Mls ID: #224115014