106 Glen StAlturasCA96101
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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 Alturas at 106 Glen St, Alturas, CA, 96101 uses $39,780 cash to close to unlock $1,956/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $905/mo, and a $587/mo payment keeps the spread at $163/mo. Purchase price stands at $120,000, and rental yield measures 9.05% with $905/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash records $51,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $905/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96101, Alturas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,449 (55.9%) |
| Renter Occupied HU | 710 (27.4%) |
| Vacant Housing Units | 432 (16.7%) |
| Median Home Value | $230,139 |
| Average Home Value | $330,102 |
Housing Distribution
Address Breakdown
Residential
2,176
Single Family
2,176
Multi-Family
0
Businesses
312
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Listed by: Jennifer Enz-Davis • United Country Stevenson Realty
Mls Name: Modoc County AOR
Mls ID: #2906604
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.