716 Clover DrIoneCA95640
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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 Ione at 716 Clover Dr, Ione, CA, 95640 priced at $523,000 converts $2,923/mo rent into after a $2,560/mo obligation. Total monthly income equals $2,923/mo. Return on cash invested prints 16.88% in year one, and rental yield reads 6.71% against a $523,000 entry. Equity gained on principal adds $3,375/yr, while 5% annual appreciation compiles into $144,495 by year five. Five-year ROI reaches 86.91% and total cumulative return in cash sums $149,549. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,923/mo property income covering a $2,560/mo payment, not borrower’s personal income.
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95640, Ione, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 2,970 (71.3%) |
| Renter Occupied HU | 863 (20.7%) |
| Vacant Housing Units | 333 ( 8.0%) |
| Median Home Value | $486,328 |
| Average Home Value | $526,797 |
Housing Distribution
Address Breakdown
Residential
3,661
Single Family
3,597
Multi-Family
64
Businesses
175
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Listed by: N/A • N/A
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