47 Forest Grove LnMirandaCA95553
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
Investment property for sale in Miranda at 47 Forest Grove Ln, Miranda, CA, 95553 at $365,000 posts ROI 25.12% with $526/mo cash flow from $2,783/mo rent. Total monthly income equals $2,783/mo, and annual cash flow records $6,306/yr on $120,998 to close. Return on cash invested measures 25.12% and rental yield reads 9.15% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 130.8% and total cumulative return in cash totals $158,263.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,783/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95553, Miranda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 158 (54.3%) |
| Renter Occupied HU | 97 (33.3%) |
| Vacant Housing Units | 36 (12.4%) |
| Median Home Value | $610,759 |
| Average Home Value | $681,013 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Shanell Beyzade • Creative Realty
Mls Name: HBMLS
Mls ID: #269431