6224 Palmer DrWeedCA96094
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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
Rental property for sale in Weed at 6224 Palmer Dr, Weed, CA, 96094 offers $2,635/mo rent that, after a $1,346/mo payment, leaves $927/mo cash flow. Total monthly income is $2,635/mo, and annual cash flow is $11,120/yr on $91,163 cash. Return on cash invested measures 32.11% in year one, and rental yield stands at 11.5% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 168.29% and total cumulative return in cash reaches $153,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,635/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96094, Weed, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,492 (100%) |
| Owner Occupied HU | 2,018 (57.8%) |
| Renter Occupied HU | 937 (26.8%) |
| Vacant Housing Units | 537 (15.4%) |
| Median Home Value | $346,181 |
| Average Home Value | $430,045 |
Housing Distribution
Address Breakdown
Residential
3,040
Single Family
3,033
Multi-Family
7
Businesses
217
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Listed by: Tracie Oreck • Coldwell Banker-Mtn Gate Properties
Mls Name: SMLS
Mls Provider:
Mls ID: #20241100
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