6231 Jake StAtwaterCA95301
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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 Atwater at 6231 Jake St, Atwater, CA, 95301 generates $3,380/mo in rent, after a $5,873/mo payment. Total monthly income is $3,380/mo. Return on cash invested sits at 7.89% in year one, and rental yield is 3.38% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 38.29% and total cumulative return in cash sums $148,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,380/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95301, Atwater, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,119 (100%) |
| Owner Occupied HU | 7,743 (59.0%) |
| Renter Occupied HU | 5,014 (38.2%) |
| Vacant Housing Units | 362 ( 2.8%) |
| Median Home Value | $399,856 |
| Average Home Value | $442,003 |
Housing Distribution
Address Breakdown
Residential
12,883
Single Family
12,556
Multi-Family
327
Businesses
829
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Listed by: Sarah Bergen • Redfin Corporation
Mls Name: MetroList Services of CA
Mls ID: #225092768