58 Turnstone CtWallaceCA95254
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play58 Turnstone Ct, Wallace, CA, 95254 in Wallace is priced for appreciation, not yield. Rental yield 4.95%. At $799,000 with a 4.95% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $220,749 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.92) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $196,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.0% |
| Monthly Cash Flow | $(1,646) | $2,000 |
City averages based on Wallace market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,296 |
| Total Monthly Debt Service | $4,625 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1995
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95254, Wallace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 126 (70.4%) |
| Renter Occupied HU | 47 (26.3%) |
| Vacant Housing Units | 6 ( 3.4%) |
| Median Home Value | $591,463 |
| Average Home Value | $585,397 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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
Single Family
Built in 1995
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95254, Wallace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 126 (70.4%) |
| Renter Occupied HU | 47 (26.3%) |
| Vacant Housing Units | 6 ( 3.4%) |
| Median Home Value | $591,463 |
| Average Home Value | $585,397 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: EROS Ceballos • Approved Real Estate Group
Mls Name: MetroList Services of CA
Mls ID: #225109226