590 Columbia Dam RdNewcastleCA95658
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
Investment Highlights
Investment property for sale in Newcastle at 590 Columbia Dam Rd, Newcastle, CA, 95658 with 5% annual appreciation on a $1,999,000 basis while $6,356/mo rent supports operations. 23% in year one. Equity gained on principal adds $12,899/yr, and five-year appreciation sums $552,287 alongside rental yield of 3.82%. Five-year ROI measures 45.49% and total cumulative return in cash totals $294,653. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,356/mo property income versus a $9,784/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
5.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Wolfe • eXp Realty of California Inc
Mls Name: MetroList Services of CA
Mls ID: #225109122