1245 Iron Gate RdHoopaCA95546
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
Rental property for sale in Hoopa at 1245 Iron Gate Rd, Hoopa, CA, 95546 priced at $200,000 pairs $1,337/mo rent with $100/mo cash flow after a $979/mo payment. Total monthly income equals $1,337/mo, and annual cash flow comes to $1,196/yr on $66,300 invested. Return on cash invested is 21.71% in year one, and rental yield stands at 8.02% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 112.52% and total cumulative return in cash reaches $74,600. For financing, Ziffy Mortgage’s DSCR program evaluates $1,337/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95546, Hoopa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 831 (63.3%) |
| Renter Occupied HU | 390 (29.7%) |
| Vacant Housing Units | 91 ( 6.9%) |
| Median Home Value | $428,125 |
| Average Home Value | $514,335 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
75
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Listed by: Rachael Duncan • Corcoran Icon Properties Arcata
Mls Name: HBMLS
Mls Provider:
Mls ID: #269053
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.