501 Flour Mill DrNewmanCA95360
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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 Newman at 501 Flour Mill Dr, Newman, CA, 95360 uses $169,402 cash to close to unlock $1,355/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $3,298/mo, and a $2,520/mo payment keeps the spread at $113/mo. Purchase price stands at $514,900, and rental yield measures 7.69% with $3,298/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $142,257 over five years. Five-year ROI reaches 107.9% and total cumulative return in cash records $182,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,298/mo property income covering a $2,520/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95360, Newman, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,298 (100%) |
| Owner Occupied HU | 2,737 (63.7%) |
| Renter Occupied HU | 1,448 (33.7%) |
| Vacant Housing Units | 113 ( 2.6%) |
| Median Home Value | $483,159 |
| Average Home Value | $523,692 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
3,864
Multi-Family
203
Businesses
235
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Listed by: Alicia Carrera • Realty Of America
Mls Name: MetroList Services of CA
Mls ID: #225128080