1400 W 11th 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
Investment property for sale in Alturas at 1400 W 11th St, Alturas, CA, 96101 earns $1,065/mo cash flow from $2,976/mo rent with a $1,512/mo payment. Total monthly income totals $2,976/mo, and annual cash flow totals $12,778/yr on $102,434 capital. ROI tracks 32.38% on current figures, and rental yield reads 11.56% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 169.73% and total cumulative return in cash sums $173,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,976/mo property income instead of your personal income.
Single Family
Built in 1989
0.25 Acres 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: JoAnn White • High Grade Realty
Mls Name: Modoc County AOR
Mls ID: #2906675