108 Franklin AveFortunaCA95540
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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 Fortuna at 108 Franklin Ave, Fortuna, CA, 95540 listed at $663,905 pairs $3,275/mo rent with a $3,249/mo payment. Total monthly income runs $3,275/mo. Return on cash invested measures 15.49% in year one, and rental yield registers 5.92% at a $663,905 basis. Equity gained on principal adds $4,284/yr, and annual property appreciation at 5% supports $183,425 by year five. Five-year ROI tracks 79.12% and total cumulative return in cash totals $172,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,275/mo property income relative to a $3,249/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95540, Fortuna, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 3,434 (56.5%) |
| Renter Occupied HU | 2,213 (36.4%) |
| Vacant Housing Units | 431 ( 7.1%) |
| Median Home Value | $520,413 |
| Average Home Value | $569,401 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
5,758
Multi-Family
136
Businesses
595
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Listed by: Larry "Sockeye" Salmon • Ming Tree, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #270158
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