45351 S Caspar 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 45351 S Caspar Dr, Mendocino, CA, 95460 listed at $1,525,000 pairs $5,270/mo rent with a $7,464/mo payment. Total monthly income runs $5,270/mo. Return on cash invested measures 10.26% in year one, and rental yield registers 4.15% at a $1,525,000 basis. Equity gained on principal adds $9,841/yr, and annual property appreciation at 5% supports $421,329 by year five. Five-year ROI tracks 50.98% and total cumulative return in cash totals $251,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,270/mo property income relative to a $7,464/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.80 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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Listed by: Cheri Osborne • Mendo Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #C1-11134