505 Forest CourtWoodlakeCA93286
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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 Woodlake at 505 Forest Court, Woodlake, CA, 93286 generates $2,688/mo in rent and, after a $2,104/mo payment, leaves $29/mo in cash flow. Total monthly income is $2,688/mo, and annual cash flow is $345/yr on $142,512 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 7.5% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 104.13% and total cumulative return in cash sums $148,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,688/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93286, Woodlake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 1,820 (54.7%) |
| Renter Occupied HU | 1,292 (38.8%) |
| Vacant Housing Units | 218 ( 6.5%) |
| Median Home Value | $358,596 |
| Average Home Value | $451,982 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
2,943
Multi-Family
197
Businesses
224
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Listed by: Damian S Campos • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #237787