741 Real AveNewmanCA95360
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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 Newman at 741 Real Ave, Newman, CA, 95360 priced at $402,000 converts $2,816/mo rent into $329/mo cash flow after a $1,968/mo obligation. Total monthly income equals $2,816/mo, and annual cash flow totals $3,945/yr on $133,263 invested. Return on cash invested prints 22.87% in year one, and rental yield reads 8.41% against a $402,000 entry. Equity gained on principal adds $2,594/yr, while 5% annual appreciation compiles into $111,065 by year five. Five-year ROI reaches 118.72% and total cumulative return in cash sums $158,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,816/mo property income covering a $1,968/mo payment, not borrower’s personal income.
Single Family
Built in 1957
7,618 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95360, Newman, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,298 (100%) |
| Owner Occupied HU | 2,737 (63.7%) |
| Renter Occupied HU | 1,448 (33.7%) |
| Vacant Housing Units | 113 ( 2.6%) |
| Median Home Value | $483,159 |
| Average Home Value | $523,692 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
3,864
Multi-Family
203
Businesses
235
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Listed by: Candice Terry • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225095131