617 E Sierra AvePortolaCA96122
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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 Portola at 617 E Sierra Ave, Portola, CA, 96122 priced at $279,000 pairs $1,957/mo rent with $231/mo cash flow after a $1,366/mo payment. Total monthly income equals $1,957/mo, and annual cash flow comes to $2,767/yr on $92,489 invested. Return on cash invested is 22.9% in year one, and rental yield stands at 8.42% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 118.89% and total cumulative return in cash reaches $109,963. For financing, Ziffy Mortgage’s DSCR program evaluates $1,957/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96122, Portola, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,289 (49.6%) |
| Renter Occupied HU | 590 (22.7%) |
| Vacant Housing Units | 718 (27.6%) |
| Median Home Value | $376,944 |
| Average Home Value | $444,777 |
Housing Distribution
Address Breakdown
Residential
1,462
Single Family
1,370
Multi-Family
92
Businesses
186
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Listed by: RALPH E WITTICK • PEARSON REALTY
Mls Name: Plumas AOR
Mls ID: #20230610