61 Iris DrCalistogaCA94515
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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 Calistoga at 61 Iris Dr, Calistoga, CA, 94515 listed at $349,000 pairs $5,570/mo rent with a $1,708/mo payment to leave $3,411/mo cash flow. Total monthly income runs $5,570/mo, and annual cash flow reaches $40,934/yr on $115,694 cash to close. Return on cash invested measures 55.29% in year one, and rental yield registers 19.15% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 292.61% and total cumulative return in cash totals $338,532. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,570/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94515, Calistoga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,281 (100%) |
| Owner Occupied HU | 1,573 (47.9%) |
| Renter Occupied HU | 1,132 (34.5%) |
| Vacant Housing Units | 576 (17.6%) |
| Median Home Value | $926,881 |
| Average Home Value | $1,090,348 |
Housing Distribution
Address Breakdown
Residential
2,972
Single Family
2,810
Multi-Family
162
Businesses
424
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Listed by: Rianne Pasquariello • Reserve Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324034873
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.