6074 Coleman DrNewcastleCA95658
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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 Newcastle at 6074 Coleman Dr, Newcastle, CA, 95658 uses $66,134 cash to close to unlock $8,884/yr annual cash flow and $740/mo monthly cash flow. Total monthly income runs $1,974/mo, and a $976/mo payment keeps the spread at $740/mo. Purchase price stands at $199,500, and rental yield measures 11.87% with $1,974/mo rent. Return on cash invested shows 33.34% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 174.93% and total cumulative return in cash records $115,687. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,974/mo property income covering a $976/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
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Listed by: Cheryl Tiburzi • A Capella Realty
Mls Name: MetroList Services of CA
Mls ID: #225142525