116 Hope LnFortunaCA95540
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
Investment property for sale in Fortuna at 116 Hope Ln, Fortuna, CA, 95540 with 5% annual appreciation on a $555,000 basis while $3,373/mo rent supports operations. 56% in year one. Equity gained on principal adds $3,581/yr, and five-year appreciation sums $153,336 alongside rental yield of 7.29%. Five-year ROI measures 96.01% and total cumulative return in cash totals $175,304. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,373/mo property income versus a $2,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cody Michael Hurst • EXP Realty of California, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #270817
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.