6048 Hyland WayPenngroveCA94951
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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 Penngrove at 6048 Hyland Way, Penngrove, CA, 94951 offers $3,227/mo rent that, after a $1,591/mo payment, leaves $1,174/mo cash flow. Total monthly income is $3,227/mo, and annual cash flow is $14,084/yr on $107,738 cash. Return on cash invested measures 32.98% in year one, and rental yield stands at 11.92% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 173.12% and total cumulative return in cash reaches $186,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,227/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94951, Penngrove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,802 (100%) |
| Owner Occupied HU | 1,249 (69.3%) |
| Renter Occupied HU | 459 (25.5%) |
| Vacant Housing Units | 94 ( 5.2%) |
| Median Home Value | $1,125,965 |
| Average Home Value | $1,188,221 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,402
Multi-Family
1
Businesses
191
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Nearby investment properties with comparable prices
Listed by: Rachel Moore • Corcoran Icon Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324018666
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.