191 S Corry StFort BraggCA95437
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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 Fort Bragg at 191 S Corry St, Fort Bragg, CA, 95437 uses $149,175 cash to close to unlock $4,617/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $3,169/mo, and a $2,203/mo payment keeps the spread at $385/mo. Purchase price stands at $450,000, and rental yield measures 8.45% with $3,169/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash records $178,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,169/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95437, Fort Bragg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,111 (100%) |
| Owner Occupied HU | 3,580 (50.3%) |
| Renter Occupied HU | 2,593 (36.5%) |
| Vacant Housing Units | 938 (13.2%) |
| Median Home Value | $613,920 |
| Average Home Value | $695,865 |
Housing Distribution
Address Breakdown
Residential
6,239
Single Family
5,833
Multi-Family
406
Businesses
855
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Listed by: Junice Gleason • Century 21 Fort Bragg Realty
Mls Name: CRMLS
Mls ID: #C1-11085