650 Washington StFerndaleCA95536
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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 Ferndale at 650 Washington St, Ferndale, CA, 95536 offers $2,681/mo rent that, after a $2,716/mo payment. Total monthly income is $2,681/mo. Return on cash invested measures 15.12% in year one, and rental yield stands at 5.8% at a $555,000 entry. Equity gained on principal adds $3,581/yr while 5% annual appreciation compounds into $153,336 by year five. Five-year ROI records 77.14% and total cumulative return in cash reaches $140,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,681/mo property income versus a $2,716/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95536, Ferndale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 728 (53.4%) |
| Renter Occupied HU | 434 (31.8%) |
| Vacant Housing Units | 201 (14.7%) |
| Median Home Value | $647,500 |
| Average Home Value | $719,488 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
159
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Listed by: Jessica Van Pelt-Stretch • Landmark Real Estate
Mls Name: HBMLS
Mls Provider:
Mls ID: #270235
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.