1238 Fernwood DrMcKinleyvilleCA95519
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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 McKinleyville at 1238 Fernwood Dr, McKinleyville, CA, 95519 earns from $3,005/mo rent with a $2,540/mo payment. Total monthly income totals $3,005/mo. ROI tracks 18.62% on current figures, and rental yield reads 6.95% at a $519,000 purchase. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 over five years. Five-year ROI reaches 95.88% and total cumulative return in cash sums $163,713. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,005/mo property income instead of your personal income.
Single Family
Built in 1963
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95519, Mckinleyville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,710 (56.6%) |
| Renter Occupied HU | 3,022 (36.3%) |
| Vacant Housing Units | 596 ( 7.2%) |
| Median Home Value | $561,148 |
| Average Home Value | $622,492 |
Housing Distribution
Address Breakdown
Residential
7,932
Single Family
7,826
Multi-Family
106
Businesses
459
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Listed by: Elizabeth Campbell-Chase • Pacific Coast Realty
Mls Name: HBMLS
Mls ID: #270472