6245 Nob Hill DrNewcastleCA95658
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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 Newcastle at 6245 Nob Hill Dr, Newcastle, CA, 95658 at $135,000 posts ROI 60.71% with $1,522/mo cash flow from $2,357/mo rent. Total monthly income equals $2,357/mo, and annual cash flow records $18,259/yr on $44,753 to close. Return on cash invested measures 60.71% and rental yield reads 20.95% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 321.66% and total cumulative return in cash totals $143,953.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
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Listed by: Mary Cuilla-Sutton • Amen Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225046649