1996 Market StFerndaleCA95536
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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 Ferndale at 1996 Market St, Ferndale, CA, 95536 with 5% annual appreciation on a $389,000 basis while $2,788/mo rent supports operations. Total monthly income totals $2,788/mo and a $1,904/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,497/yr on $128,954 deployed, and return on cash invested reaches 23.4% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 8.6%. Five-year ROI measures 121.56% and total cumulative return in cash totals $156,762.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,788/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95536, Ferndale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 728 (53.4%) |
| Renter Occupied HU | 434 (31.8%) |
| Vacant Housing Units | 201 (14.7%) |
| Median Home Value | $647,500 |
| Average Home Value | $719,488 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
159
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Listed by: Jessica Van Pelt-Stretch • Landmark Real Estate
Mls Name: HBMLS
Mls Provider:
Mls ID: #269269
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.