121 Salmon Harbor RdSmith RiverCA95567
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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 Smith River at 121 Salmon Harbor Rd, Smith River, CA, 95567 listed at $245,000 pairs $2,568/mo rent with a $1,199/mo payment to leave $1,053/mo cash flow. Total monthly income runs $2,568/mo, and annual cash flow reaches $12,630/yr on $81,218 cash to close. Return on cash invested measures 35.46% in year one, and rental yield registers 12.58% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 186.26% and total cumulative return in cash totals $151,272. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,568/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1964
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95567, Smith River, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 602 (61.3%) |
| Renter Occupied HU | 224 (22.8%) |
| Vacant Housing Units | 156 (15.9%) |
| Median Home Value | $472,527 |
| Average Home Value | $490,532 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
82
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Listed by: Daisy Montanez • Bayside Realty
Mls Name: DNMLS
Mls Provider:
Mls ID: #230424
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.