7301 Ridgeview LnPenrynCA95663
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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 Penryn at 7301 Ridgeview Ln, Penryn, CA, 95663 generates $3,799/mo in rent, after a $5,384/mo payment. Total monthly income is $3,799/mo. Return on cash invested sits at 10.25% in year one, and rental yield is 4.14% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 50.95% and total cumulative return in cash sums $181,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95663, Penryn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,182 (100%) |
| Owner Occupied HU | 948 (80.2%) |
| Renter Occupied HU | 176 (14.9%) |
| Vacant Housing Units | 58 ( 4.9%) |
| Median Home Value | $911,836 |
| Average Home Value | $987,060 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
962
Multi-Family
4
Businesses
82
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Listed by: Chad Phillips • RE/MAX Gold
Mls Name: MetroList Services of CA
Mls ID: #225139497