1848 Pickett RdMcKinleyvilleCA95519
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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 McKinleyville at 1848 Pickett Rd, McKinleyville, CA, 95519 listed at $339,000 pairs $2,959/mo rent with a $1,659/mo payment to leave $862/mo cash flow. Total monthly income runs $2,959/mo, and annual cash flow reaches $10,345/yr on $112,379 cash to close. Return on cash invested measures 29.11% in year one, and rental yield registers 10.47% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 152.25% and total cumulative return in cash totals $171,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,959/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.26 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: Leonard Ilgunas • Humboldt North Star Real Estate
Mls Name: HBMLS
Mls ID: #271301