606 Lewis AveLoyaltonCA96118
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 Loyalton at 606 Lewis Ave, Loyalton, CA, 96118 priced at $305,000 converts $3,252/mo rent into $1,365/mo cash flow after a $1,493/mo obligation. Total monthly income equals $3,252/mo, and annual cash flow totals $16,380/yr on $101,108 invested. Return on cash invested prints 36.11% in year one, and rental yield reads 12.79% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 189.78% and total cumulative return in cash sums $191,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,252/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96118, Loyalton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 675 (100%) |
| Owner Occupied HU | 431 (63.9%) |
| Renter Occupied HU | 166 (24.6%) |
| Vacant Housing Units | 78 (11.6%) |
| Median Home Value | $312,162 |
| Average Home Value | $481,369 |
Housing Distribution
Address Breakdown
Residential
8
Single Family
8
Multi-Family
0
Businesses
61
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Listed by: Barbara Hartley • SIERRA SOTHEBY'S INTERNATIONAL
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20240658
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Plumas Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2024 Plumas Association of Realtors. All Rights Reserved.