6042 Lassie CtRiverbankCA95367
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 6042 Lassie Ct, Riverbank, CA, 95367 in Riverbank: $3,679/mo in rent, $243/mo in net income, 7.95% gross yield, 1.47 DSCR, all at $555,490. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $153,472 in appreciation and $5,116/yr in principal paydown projects total cumulative return of $226,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $243 | $250 |
City averages based on Riverbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,679 |
| Total Monthly Debt Service | $3,215 |
| DSCR Ratio | 1.14x |
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.
Single Family
Built in N/A
8,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95367, Riverbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,899 (100%) |
| Owner Occupied HU | 5,618 (71.1%) |
| Renter Occupied HU | 2,106 (26.7%) |
| Vacant Housing Units | 175 ( 2.2%) |
| Median Home Value | $487,981 |
| Average Home Value | $542,508 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
7,584
Multi-Family
76
Businesses
415
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 N/A
8,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95367, Riverbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,899 (100%) |
| Owner Occupied HU | 5,618 (71.1%) |
| Renter Occupied HU | 2,106 (26.7%) |
| Vacant Housing Units | 175 ( 2.2%) |
| Median Home Value | $487,981 |
| Average Home Value | $542,508 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
7,584
Multi-Family
76
Businesses
415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MetroList Services of CA
Mls ID: #226039487