635 Goodwin AvenuePenngroveCA94951
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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 Penngrove at 635 Goodwin Avenue, Penngrove, CA, 94951 generates $4,627/mo in rent, after a $8,267/mo payment. Total monthly income is $4,627/mo. Return on cash invested sits at 7.6% in year one, and rental yield is 3.29% on a $1,689,000 entry. Equity gained on principal adds $10,899/yr, while 5% annual appreciation builds toward $466,640 over five years. Five-year ROI reaches 36.76% and total cumulative return in cash sums $201,154. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,627/mo property income rather than buyer’s personal income.
Multi Family
Built in 1911
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94951, Penngrove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,802 (100%) |
| Owner Occupied HU | 1,249 (69.3%) |
| Renter Occupied HU | 459 (25.5%) |
| Vacant Housing Units | 94 ( 5.2%) |
| Median Home Value | $1,125,965 |
| Average Home Value | $1,188,221 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,402
Multi-Family
1
Businesses
191
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Listed by: Michelle Hampton • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #325101509