975 Lovers Leap RdAltaCA95701
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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 Alta at 975 Lovers Leap Rd, Alta, CA, 95701 generates $3,065/mo in rent, after a $3,421/mo payment. Total monthly income is $3,065/mo. Return on cash invested sits at 13.07% in year one, and rental yield is 5.26% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 66.29% and total cumulative return in cash sums $152,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,065/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
10.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95701, Alta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 284 (57.4%) |
| Renter Occupied HU | 66 (13.3%) |
| Vacant Housing Units | 145 (29.3%) |
| Median Home Value | $865,234 |
| Average Home Value | $952,183 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Listed by: Tami Hampshire • Foothill Properties
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224083087
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.