987 Myrna AveOlivehurstCA95961
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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 Olivehurst at 987 Myrna Ave, Olivehurst, CA, 95961 with 5% annual appreciation on a $426,000 basis while $1,580/mo rent supports operations. 94% in year one. Equity gained on principal adds $2,749/yr, and five-year appreciation sums $117,696 alongside rental yield of 4.45%. Five-year ROI measures 54.75% and total cumulative return in cash totals $77,323. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,580/mo property income versus a $2,085/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1962
4,988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95961, Olivehurst, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,106 (100%) |
| Owner Occupied HU | 7,417 (66.8%) |
| Renter Occupied HU | 3,043 (27.4%) |
| Vacant Housing Units | 646 ( 5.8%) |
| Median Home Value | $431,688 |
| Average Home Value | $443,252 |
Housing Distribution
Address Breakdown
Residential
10,663
Single Family
10,381
Multi-Family
282
Businesses
236
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Nearby investment properties with comparable prices
Listed by: Roop Dhillon • Stone Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225037763
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