1406 I StEurekaCA95501
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 Eureka at 1406 I St, Eureka, CA, 95501 offers $2,724/mo rent that, after a $1,855/mo payment, leaves $379/mo cash flow. Total monthly income is $2,724/mo, and annual cash flow is $4,553/yr on $125,639 cash. Return on cash invested measures 23.53% in year one, and rental yield stands at 8.62% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 122.28% and total cumulative return in cash reaches $153,635. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,724/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95501, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,945 (100%) |
| Owner Occupied HU | 4,082 (37.3%) |
| Renter Occupied HU | 5,985 (54.7%) |
| Vacant Housing Units | 878 ( 8.0%) |
| Median Home Value | $495,100 |
| Average Home Value | $583,057 |
Housing Distribution
Address Breakdown
Residential
10,273
Single Family
9,532
Multi-Family
741
Businesses
1,657
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Burrell • TOP Properties
Mls Name: HBMLS
Mls ID: #270943