700 E Gobbi St SPACE 115UkiahCA95482
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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 Ukiah at 700 E Gobbi St SPACE 115, Ukiah, CA, 95482 generates $3,526/mo in rent and, after a $734/mo payment, leaves $2,598/mo in cash flow. Total monthly income is $3,526/mo, and annual cash flow is $31,179/yr on $49,725 invested. Return on cash invested sits at 82.61% in year one, and rental yield is 28.21% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 439.13% and total cumulative return in cash sums $218,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,526/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95482, Ukiah, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,724 (100%) |
| Owner Occupied HU | 6,678 (48.7%) |
| Renter Occupied HU | 5,995 (43.7%) |
| Vacant Housing Units | 1,051 ( 7.7%) |
| Median Home Value | $532,811 |
| Average Home Value | $608,308 |
Housing Distribution
Address Breakdown
Residential
12,300
Single Family
10,466
Multi-Family
1,834
Businesses
1,768
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Listed by: Jacqueline Kettering • Kobetz Realty, Inc
Mls Name: BAREIS
Mls Provider:
Mls ID: #324057355
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.