8851 Ravens PikeBoonvilleCA95415
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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 Boonville at 8851 Ravens Pike, Boonville, CA, 95415 priced at $1,650,000 converts $2,280/mo rent into after a $8,076/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 2.58% in year one, and rental yield reads 1.66% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 9.79% and total cumulative return in cash sums $52,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95415, Boonville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 248 (44.0%) |
| Renter Occupied HU | 258 (45.7%) |
| Vacant Housing Units | 58 (10.3%) |
| Median Home Value | $691,748 |
| Average Home Value | $883,548 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
Multi-Family
0
Businesses
71
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Nearby investment properties with comparable prices
Listed by: Anne L Fashauer • North Country Boonville
Mls Name: BAREIS
Mls Provider:
Mls ID: #323031873
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.