116 Oak View CtYrekaCA96097
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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 Yreka at 116 Oak View Ct, Yreka, CA, 96097 uses $109,229 cash to close to unlock $1,325/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $2,149/mo, and a $1,613/mo payment keeps the spread at $110/mo. Purchase price stands at $329,500, and rental yield measures 7.83% with $2,149/mo rent. Return on cash invested shows 21.12% in year one, and 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 109.36% and total cumulative return in cash records $119,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,149/mo property income covering a $1,613/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96097, Yreka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,522 (52.6%) |
| Renter Occupied HU | 1,777 (37.0%) |
| Vacant Housing Units | 499 (10.4%) |
| Median Home Value | $340,155 |
| Average Home Value | $390,544 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,028
Multi-Family
552
Businesses
710
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Listed by: Jamie Heller • Parsons Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #25-507
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.