700 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 700 Independence Ave, Lincoln, CA, 95648 priced at $599,500 converts $4,002/mo rent into $294/mo cash flow after a $2,934/mo obligation. Total monthly income equals $4,002/mo, and annual cash flow totals $3,524/yr on $197,236 invested. Return on cash invested prints 21.85% in year one, and rental yield reads 8.01% against a $599,500 entry. Equity gained on principal adds $3,868/yr, while 5% annual appreciation compiles into $165,631 by year five. Five-year ROI reaches 113.19% and total cumulative return in cash sums $223,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,002/mo property income covering a $2,934/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3,384 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: Shelly Orlando • RE/MAX Gold Sierra Oaks
Mls Name: MetroList Services of CA
Mls ID: #225093298