12597 Alta Mesa RdHeraldCA95638
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 12597 Alta Mesa Rd, Herald, CA, 95638 in Herald is capital appreciation. Rental yield 2.6%. The 2.6% gross yield at $949,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $262,440 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.48) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $114,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 5.0% |
| Monthly Cash Flow | $(3,819) | $1,200 |
City averages based on Herald market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,057 |
| Total Monthly Debt Service | $5,498 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2018
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95638, Herald, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 617 (80.9%) |
| Renter Occupied HU | 95 (12.5%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $806,332 |
| Average Home Value | $803,728 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
670
Multi-Family
0
Businesses
42
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
Manufactured
Built in 2018
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95638, Herald, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 617 (80.9%) |
| Renter Occupied HU | 95 (12.5%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $806,332 |
| Average Home Value | $803,728 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
670
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Nadra • HomeSmart PV and Associates
Mls Name: MetroList Services of CA
Mls ID: #226019807