803 N B StreetExeterCA93221
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
Rental property for sale in Exeter at 803 N B Street, Exeter, CA, 93221 offers $3,043/mo rent that, after a $2,080/mo payment, leaves $414/mo cash flow. Total monthly income is $3,043/mo, and annual cash flow is $4,968/yr on $140,888 cash. Return on cash invested measures 23.44% in year one, and rental yield stands at 8.59% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 121.79% and total cumulative return in cash reaches $171,581. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,043/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93221, Exeter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,429 (100%) |
| Owner Occupied HU | 3,321 (61.2%) |
| Renter Occupied HU | 1,787 (32.9%) |
| Vacant Housing Units | 321 ( 5.9%) |
| Median Home Value | $413,195 |
| Average Home Value | $474,015 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
4,917
Multi-Family
266
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Catalina • Downtown Realty
Mls Name: TCMLS
Mls ID: #236785