72 W Coast Dr APT 18RedwayCA95560
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 72 W Coast Dr APT 18, Redway, CA, 95560 in Redway is narrow, $159/mo net on $905/mo rent after the $531/mo debt service, but the property operates at break-even-plus, not a loss. At $118,000 with a 9.04% yield, the long-run equity case via 5% appreciation ($32,601 over five years) and $1,087/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $56,004.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.0% |
| Monthly Cash Flow | $159 | $800 |
City averages based on Redway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $905 |
| Total Monthly Debt Service | $683 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95560, Redway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 236 (51.2%) |
| Renter Occupied HU | 139 (30.2%) |
| Vacant Housing Units | 86 (18.7%) |
| Median Home Value | $547,131 |
| Average Home Value | $566,049 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
123
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
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95560, Redway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 236 (51.2%) |
| Renter Occupied HU | 139 (30.2%) |
| Vacant Housing Units | 86 (18.7%) |
| Median Home Value | $547,131 |
| Average Home Value | $566,049 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Watson • Madrone Realty, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #269260
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.