2070 Thiel AveMcKinleyvilleCA95519
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 McKinleyville at 2070 Thiel Ave, McKinleyville, CA, 95519 listed at $399,000 pairs $2,788/mo rent with a $1,953/mo payment to leave $320/mo cash flow. Total monthly income runs $2,788/mo, and annual cash flow reaches $3,835/yr on $132,269 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 8.38% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 118.4% and total cumulative return in cash totals $156,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,788/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
4,356 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Christensen • Coldwell Banker Cutten Realty
Mls Name: HBMLS
Mls ID: #270069