551 W Marlette StIoneCA95640
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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 Ione at 551 W Marlette St, Ione, CA, 95640 offers $3,073/mo rent that, after a $2,325/mo payment, leaves $134/mo cash flow. Total monthly income is $3,073/mo, and annual cash flow is $1,613/yr on $157,463 cash. Return on cash invested measures 20.93% in year one, and rental yield stands at 7.76% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 108.34% and total cumulative return in cash reaches $170,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,073/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95640, Ione, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 2,970 (71.3%) |
| Renter Occupied HU | 863 (20.7%) |
| Vacant Housing Units | 333 ( 8.0%) |
| Median Home Value | $486,328 |
| Average Home Value | $526,797 |
Housing Distribution
Address Breakdown
Residential
3,661
Single Family
3,597
Multi-Family
64
Businesses
175
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Listed by: Suzan Chain • Sierra Homes & Properties
Mls Name: MetroList Services of CA
Mls ID: #225099920