45301 Drifters Reef Dr, Mendocino, CA, 95460 | 4.53% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mendocino at 45301 Drifters Reef Dr, Mendocino, CA, 95460 priced at $590,000 pairs $2,226/mo rent with after a $2,888/mo payment. Total monthly income equals $2,226/mo. Return on cash invested is 9.36% in year one, and rental yield stands at 4.53% on a $590,000 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $163,006 by year five. Five-year ROI measures 46.94% and total cumulative return in cash reaches $91,120. For financing, Ziffy Mortgage’s DSCR program evaluates $2,226/mo property income against a $2,888/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

N/A 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