8855 Ridge RdNewcastleCA95658
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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 Newcastle at 8855 Ridge Rd, Newcastle, CA, 95658 earns from $4,523/mo rent with a $6,113/mo payment. Total monthly income totals $4,523/mo. ROI tracks 10.87% on current figures, and rental yield reads 4.35% at a $1,249,000 purchase. Equity gained on principal adds $8,060/yr, and 5% annual appreciation supports $345,076 over five years. Five-year ROI reaches 54.27% and total cumulative return in cash sums $219,623. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,523/mo property income instead of your personal income.
Single Family
Built in 1988
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95658, Newcastle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 2,266 (82.7%) |
| Renter Occupied HU | 302 (11.0%) |
| Vacant Housing Units | 171 ( 6.2%) |
| Median Home Value | $894,804 |
| Average Home Value | $900,649 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,449
Multi-Family
0
Businesses
211
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Listed by: Dmitriy Kirichenko • Realty One Group Complete
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224097306
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.