183 Lighthouse WayCrescent CityCA95531
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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 Crescent City at 183 Lighthouse Way, Crescent City, CA, 95531 priced at $1,200,000 converts $3,380/mo rent into after a $5,873/mo obligation. Total monthly income equals $3,380/mo. Return on cash invested prints 7.89% in year one, and rental yield reads 3.38% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 38.29% and total cumulative return in cash sums $148,871. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,380/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95531, Crescent City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 5,212 (56.2%) |
| Renter Occupied HU | 3,033 (32.7%) |
| Vacant Housing Units | 1,037 (11.2%) |
| Median Home Value | $379,148 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
8,224
Single Family
7,484
Multi-Family
740
Businesses
742
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Listed by: DAVID FINIGAN • FINIGAN REAL ESTATE
Mls Name: DNMLS
Mls ID: #260001