535 Redway DrRedwayCA95560
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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 Redway at 535 Redway Dr, Redway, CA, 95560 offers $3,163/mo rent that, after a $3,818/mo payment. Total monthly income is $3,163/mo. Return on cash invested measures 11.67% in year one, and rental yield stands at 4.87% at a $780,000 entry. Equity gained on principal adds $5,033/yr while 5% annual appreciation compounds into $215,500 by year five. Five-year ROI records 58.85% and total cumulative return in cash reaches $151,012. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,163/mo property income versus a $3,818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95560, Redway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 236 (51.2%) |
| Renter Occupied HU | 139 (30.2%) |
| Vacant Housing Units | 86 (18.7%) |
| Median Home Value | $547,131 |
| Average Home Value | $566,049 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
123
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Listed by: Janna Walsh • Corcoran Icon Properties Arcata
Mls Name: HBMLS
Mls Provider:
Mls ID: #265885
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.