5689 Red Oak Dr #5689IoneCA95640
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow5689 Red Oak Dr #5689, Ione, CA, 95640 in Ione is a top-tier cash-flow asset. At $269,000 it produces $2,369/mo in rent and $705/mo in net monthly income, a 10.57% gross rental yield. The DSCR of 1.96 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,457. Five-year appreciation adds $74,320, driving a total cumulative return of $147,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.0% |
| Monthly Cash Flow | $705 | $1,500 |
City averages based on Ione market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,369 |
| Total Monthly Debt Service | $1,557 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1986
N/A 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
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
Manufactured
Built in 1986
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices