1496 Whitmire AveMcKinleyvilleCA95519
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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 McKinleyville at 1496 Whitmire Ave, McKinleyville, CA, 95519 offers $2,006/mo rent that, after a $3,128/mo payment. Total monthly income is $2,006/mo. Return on cash invested measures 8.94% in year one, and rental yield stands at 3.77% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 44.01% and total cumulative return in cash reaches $92,524. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,006/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95519, Mckinleyville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,710 (56.6%) |
| Renter Occupied HU | 3,022 (36.3%) |
| Vacant Housing Units | 596 ( 7.2%) |
| Median Home Value | $561,148 |
| Average Home Value | $622,492 |
Housing Distribution
Address Breakdown
Residential
7,932
Single Family
7,826
Multi-Family
106
Businesses
459
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Listed by: Katherine Fergus • Elemental Real Estate and Design, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #269132
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.