613 Ranee CtNewmanCA95360
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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 Newman at 613 Ranee Ct, Newman, CA, 95360 with 5% annual appreciation on a $380,000 basis while $2,367/mo rent supports operations. Total monthly income totals $2,367/mo and a $1,860/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $194/yr on $125,970 deployed, and return on cash invested reaches 20.06% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 7.47%. Five-year ROI measures 103.69% and total cumulative return in cash totals $130,621.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,367/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
7,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95360, Newman, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,298 (100%) |
| Owner Occupied HU | 2,737 (63.7%) |
| Renter Occupied HU | 1,448 (33.7%) |
| Vacant Housing Units | 113 ( 2.6%) |
| Median Home Value | $483,159 |
| Average Home Value | $523,692 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
3,864
Multi-Family
203
Businesses
235
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Listed by: Marina Ramirez • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls ID: #226006329