1307 W 6th StAlturasCA96101
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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 Alturas at 1307 W 6th St, Alturas, CA, 96101 generates $992/mo in rent and, after a $612/mo payment, leaves $174/mo in cash flow. Total monthly income is $992/mo, and annual cash flow is $2,089/yr on $41,438 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 9.52% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 130.47% and total cumulative return in cash sums $54,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $992/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96101, Alturas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,449 (55.9%) |
| Renter Occupied HU | 710 (27.4%) |
| Vacant Housing Units | 432 (16.7%) |
| Median Home Value | $230,139 |
| Average Home Value | $330,102 |
Housing Distribution
Address Breakdown
Residential
2,176
Single Family
2,176
Multi-Family
0
Businesses
312
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Listed by: Jennifer Enz-Davis • United Country Stevenson Realty
Mls Name: Modoc County AOR
Mls ID: #2906577
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.