87 Manzanita AveRedwayCA95560
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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
Investment property for sale in Redway at 87 Manzanita Ave, Redway, CA, 95560 offers a 7.57% rental yield on a $310,000 purchase with $1,956/mo rent. Total monthly income registers $1,956/mo, and a $1,517/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $196/yr on $102,765 to close, and return on cash invested stands at 20.1% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 103.98% and total cumulative return in cash at $106,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,956/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
8,276 sqft 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
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Listed by: Katie Casali • Action Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #269336
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.