45221 Surfwood DrMendocinoCA95460
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 Mendocino at 45221 Surfwood Dr, Mendocino, CA, 95460 at $1,649,000 posts ROI 20.83% with $204/mo cash flow from $10,405/mo rent. Total monthly income equals $10,405/mo, and annual cash flow records $2,448/yr on $534,276 to close. Return on cash invested measures 20.83% and rental yield reads 7.57% at the current $1,649,000. Equity gained on principal adds $10,641/yr, and 5% annual appreciation supports $455,588 by year five. Five-year ROI prints 107.67% and total cumulative return in cash totals $575,271.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,405/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95460, Mendocino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 735 (53.5%) |
| Renter Occupied HU | 260 (18.9%) |
| Vacant Housing Units | 380 (27.6%) |
| Median Home Value | $664,931 |
| Average Home Value | $796,020 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
274
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Nearby investment properties with comparable prices
Listed by: Kira Meade • Mendo Sotheby's International
Mls Name: BAREIS
Mls Provider:
Mls ID: #324056870
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.