671 Independence AveLincolnCA95648
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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 Lincoln at 671 Independence Ave, Lincoln, CA, 95648 generates $3,956/mo in rent, after a $3,426/mo payment. Total monthly income is $3,956/mo. Return on cash invested sits at 15.87% in year one, and rental yield is 6.78% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 81.98% and total cumulative return in cash sums $188,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,956/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
4,495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95648, Lincoln, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,614 (100%) |
| Owner Occupied HU | 19,608 (79.7%) |
| Renter Occupied HU | 3,889 (15.8%) |
| Vacant Housing Units | 1,117 ( 4.5%) |
| Median Home Value | $687,520 |
| Average Home Value | $748,845 |
Housing Distribution
Address Breakdown
Residential
23,486
Single Family
22,958
Multi-Family
528
Businesses
1,021
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Listed by: Steve Ostrom • Coldwell Banker Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224132755
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.