5615 Heritage DrIoneCA95640
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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 5615 Heritage Dr, Ione, CA, 95640 generates $1,635/mo in rent and, after a $1,199/mo payment, leaves $120/mo in cash flow. Total monthly income is $1,635/mo, and annual cash flow is $1,434/yr on $81,218 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.01% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 112.32% and total cumulative return in cash sums $91,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,635/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
5,201 sqft 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: PJ Johnsen • Vista Sotheby's International Realty
Mls Name: MetroList Services of CA
Mls ID: #225101756