6055 Hyland WayPenngroveCA94951
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
Rental property for sale in Penngrove at 6055 Hyland Way, Penngrove, CA, 94951 priced at $1,395,000 pairs $5,996/mo rent with after a $6,828/mo payment. Total monthly income equals $5,996/mo. Return on cash invested is 12.19% in year one, and rental yield stands at 5.16% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 61.8% and total cumulative return in cash reaches $279,322. For financing, Ziffy Mortgage’s DSCR program evaluates $5,996/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
1.56 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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Listed by: Tim Little + Alexa Glockner Team • Hedge Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324069034
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.