640 S Ridgemark DrHollisterCA95023
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 640 S Ridgemark Dr, Hollister, CA, 95023 in Hollister the bet is firmly on appreciation. Rental yield 4.9%. The 4.9% gross yield on a $1,125,000 price is below income-first thresholds, but 5%/yr value growth projects $310,817 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.91) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $274,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.0% |
| Monthly Cash Flow | $(2,474) | $350 |
City averages based on Hollister market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,594 |
| Total Monthly Debt Service | $6,512 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
10,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95023, Hollister, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 13,439 (68.4%) |
| Renter Occupied HU | 5,496 (28.0%) |
| Vacant Housing Units | 704 ( 3.6%) |
| Median Home Value | $784,295 |
| Average Home Value | $817,487 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,487
Multi-Family
1,890
Businesses
1,119
Nearby investment properties with comparable rents
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
Single Family
Built in 1987
10,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95023, Hollister, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 13,439 (68.4%) |
| Renter Occupied HU | 5,496 (28.0%) |
| Vacant Housing Units | 704 ( 3.6%) |
| Median Home Value | $784,295 |
| Average Home Value | $817,487 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,487
Multi-Family
1,890
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82038834