507 Carpenter CtWheatlandCA95692
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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 Wheatland at 507 Carpenter Ct, Wheatland, CA, 95692 priced at $464,900 converts $2,603/mo rent into after a $2,275/mo obligation. Total monthly income equals $2,603/mo. Return on cash invested prints 17.52% in year one, and rental yield reads 6.72% against a $464,900 entry. Equity gained on principal adds $3,000/yr, while 5% annual appreciation compiles into $128,443 by year five. Five-year ROI reaches 90.14% and total cumulative return in cash sums $138,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,603/mo property income covering a $2,275/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,412 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95692, Wheatland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,288 (65.7%) |
| Renter Occupied HU | 600 (30.6%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $453,398 |
| Average Home Value | $522,207 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,639
Multi-Family
73
Businesses
125
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Listed by: Kathy Papola • Coldwell Banker Grass Roots
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225013816
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.