518 Carpenter WayWheatlandCA95692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 518 Carpenter Way, Wheatland, CA, 95692 offers $2,909/mo rent that, after a $2,129/mo payment, leaves $77/mo cash flow. Total monthly income is $2,909/mo, and annual cash flow is $925/yr on $144,203 cash. Return on cash invested measures 20.55% in year one, and rental yield stands at 8.02% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 106.73% and total cumulative return in cash reaches $153,900. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,909/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,832 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: Marguerite Crespillo • eXp Realty of California Inc
Mls Name: MetroList Services of CA
Mls ID: #225098437