7340 Palermo Honcut HwyPalermoCA95968
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 Palermo at 7340 Palermo Honcut Hwy, Palermo, CA, 95968 offers a 9.2% rental yield on a $199,000 purchase with $1,526/mo rent. Total monthly income registers $1,526/mo, and a $974/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,539/yr on $65,969 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 131.6% and total cumulative return in cash at $86,814. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,526/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95968, Palermo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 335 (62.7%) |
| Renter Occupied HU | 166 (31.1%) |
| Vacant Housing Units | 33 ( 6.2%) |
| Median Home Value | $224,306 |
| Average Home Value | $262,246 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
39
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Nearby investment properties with comparable prices
Listed by: Rob Galakhov • eXp Realty of Northern CA Inc
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225045125
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