120 Park AveBlue LakeCA95525
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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
Rental property for sale in Blue Lake at 120 Park Ave, Blue Lake, CA, 95525 offers $3,412/mo rent that, after a $2,665/mo payment, leaves $34/mo cash flow. Total monthly income is $3,412/mo, and annual cash flow is $410/yr on $179,141 cash. Return on cash invested measures 20.29% in year one, and rental yield stands at 7.52% at a $544,500 entry. Equity gained on principal adds $3,514/yr while 5% annual appreciation compounds into $150,435 by year five. Five-year ROI records 104.88% and total cumulative return in cash reaches $187,883. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,412/mo property income versus a $2,665/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95525, Blue Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 368 (55.6%) |
| Renter Occupied HU | 254 (38.4%) |
| Vacant Housing Units | 40 ( 6.0%) |
| Median Home Value | $630,376 |
| Average Home Value | $631,732 |
Housing Distribution
Address Breakdown
Residential
74
Single Family
74
Multi-Family
0
Businesses
68
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Listed by: Sarah Coleman • Corcoran Icon Properties Arcata
Mls Name: HBMLS
Mls Provider:
Mls ID: #266998
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.