605 Grand AveHomewoodCA96141
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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
Investment property for sale in Homewood at 605 Grand Ave, Homewood, CA, 96141 with 5% annual appreciation on a $1,650,000 basis while $5,003/mo rent supports operations. 69% in year one. Equity gained on principal adds $10,647/yr, and five-year appreciation sums $455,865 alongside rental yield of 3.64%. Five-year ROI measures 42.56% and total cumulative return in cash totals $227,549. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,003/mo property income versus a $8,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96141, Homewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 213 (14.2%) |
| Renter Occupied HU | 81 ( 5.4%) |
| Vacant Housing Units | 1,211 (80.5%) |
| Median Home Value | $1,442,708 |
| Average Home Value | $1,459,272 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
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Listed by: Brittany Rupp • Brittany Rupp Homes
Mls Name: TSMLS
Mls ID: #20251594