1929 2nd 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
Investment property for sale in Eureka at 1929 2nd St, Eureka, CA, 95501 listed at $260,000 pairs $2,137/mo rent with a $1,273/mo payment to leave $528/mo cash flow. Total monthly income runs $2,137/mo, and annual cash flow reaches $6,338/yr on $86,190 cash to close. Return on cash invested measures 27.26% in year one, and rental yield registers 9.86% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 142.31% and total cumulative return in cash totals $122,657. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,137/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
3,049 sqft 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: Larry O. Doss • Ming Tree, Inc.
Mls Name: HBMLS
Mls ID: #270598