1105 Pumice RdAlturasCA96101
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 Alturas at 1105 Pumice Rd, Alturas, CA, 96101 offers $1,776/mo rent that, after a $861/mo payment, leaves $688/mo cash flow. Total monthly income is $1,776/mo, and annual cash flow is $8,252/yr on $58,344 cash. Return on cash invested measures 34.05% in year one, and rental yield stands at 12.11% at a $176,000 entry. Equity gained on principal adds $1,136/yr while 5% annual appreciation compounds into $48,626 by year five. Five-year ROI records 178.69% and total cumulative return in cash reaches $104,253. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,776/mo property income versus a $861/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
1.28 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: Kara Binning • Stone House Realty
Mls Name: Modoc County AOR
Mls ID: #2906482
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.