68 Sorrel LnPortolaCA96122
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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 Portola at 68 Sorrel Ln, Portola, CA, 96122 priced at $1,295,000 converts $1,170/mo rent into after a $6,338/mo obligation. Total monthly income equals $1,170/mo. Return on cash invested prints 0.81% in year one, and rental yield reads 1.08% against a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation compiles into $357,785 by year five. Five-year ROI reaches 0.3% and total cumulative return in cash sums $1,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,170/mo property income covering a $6,338/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96122, Portola, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,289 (49.6%) |
| Renter Occupied HU | 590 (22.7%) |
| Vacant Housing Units | 718 (27.6%) |
| Median Home Value | $376,944 |
| Average Home Value | $444,777 |
Housing Distribution
Address Breakdown
Residential
1,462
Single Family
1,370
Multi-Family
92
Businesses
186
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Listed by: Herschel Deardorff • COLDWELL BANKER REALTY (Truckee)
Mls Name: Plumas AOR
Mls ID: #20250859