137 Spruce StHerlongCA96113
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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 Herlong at 137 Spruce St, Herlong, CA, 96113 generates $944/mo in rent and, after a $578/mo payment, leaves $213/mo in cash flow. Total monthly income is $944/mo, and annual cash flow is $2,561/yr on $39,158 invested. Return on cash invested sits at 26.45% in year one, and rental yield is 9.59% on a $118,125 entry. Equity gained on principal adds $762/yr, while 5% annual appreciation builds toward $32,636 over five years. Five-year ROI reaches 137.98% and total cumulative return in cash sums $54,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $944/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96113, Herlong, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 173 (42.9%) |
| Renter Occupied HU | 150 (37.2%) |
| Vacant Housing Units | 80 (19.9%) |
| Median Home Value | $185,357 |
| Average Home Value | $274,509 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
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Listed by: DAWN MEYERS • SIERRA DESERT PROPERTIES
Mls Name: Lassen MLS
Mls ID: #202500559