4803 Elkridge RdWeedCA96094
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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
Rental property for sale in Weed at 4803 Elkridge Rd, Weed, CA, 96094 generates $1,375/mo in rent, after a $2,589/mo payment. Total monthly income is $1,375/mo. Return on cash invested sits at 6.98% in year one, and rental yield is 3.12% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 33.46% and total cumulative return in cash sums $58,241. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,375/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96094, Weed, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,492 (100%) |
| Owner Occupied HU | 2,018 (57.8%) |
| Renter Occupied HU | 937 (26.8%) |
| Vacant Housing Units | 537 (15.4%) |
| Median Home Value | $346,181 |
| Average Home Value | $430,045 |
Housing Distribution
Address Breakdown
Residential
3,040
Single Family
3,033
Multi-Family
7
Businesses
217
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Listed by: Sandra Haugen • Elite Real Estate Group
Mls Name: SMLS
Mls ID: #20251284