960 Elko StGonzalesCA93926
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 Gonzales at 960 Elko St, Gonzales, CA, 93926 generates $3,575/mo in rent, after a $3,328/mo payment. Total monthly income is $3,575/mo. Return on cash invested sits at 16.67% in year one, and rental yield is 6.31% on a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 85.46% and total cumulative return in cash sums $191,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,575/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
6,222 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93926, Gonzales, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,271 (100%) |
| Owner Occupied HU | 1,182 (52.0%) |
| Renter Occupied HU | 1,012 (44.6%) |
| Vacant Housing Units | 77 ( 3.4%) |
| Median Home Value | $670,693 |
| Average Home Value | $708,118 |
Housing Distribution
Address Breakdown
Residential
900
Single Family
900
Multi-Family
0
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: J. Robert Molina • eXp Realty of Northern California, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82030746