7046 Butte StNiceCA95464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Nice at 7046 Butte St, Nice, CA, 95464 offers a 9.01% rental yield on a $259,000 purchase with $1,944/mo rent. Total monthly income registers $1,944/mo, and a $1,268/mo payment leaves $341/mo available for distribution. Annual cash flow reaches $4,097/yr on $85,859 to close, and return on cash invested stands at 24.68% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 128.45% and total cumulative return in cash at $110,284. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,944/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95464, Nice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,395 (100%) |
| Owner Occupied HU | 747 (53.5%) |
| Renter Occupied HU | 380 (27.2%) |
| Vacant Housing Units | 268 (19.2%) |
| Median Home Value | $156,157 |
| Average Home Value | $228,337 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
40
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Listed by: Jessica Spencer • Century 21 Epic-Clearlake
Mls Name: CRMLS
Mls ID: #LC25271419