2247 Harmony LnCrescent CityCA95531
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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 Crescent City at 2247 Harmony Ln, Crescent City, CA, 95531 uses $43,095 cash to close to unlock $2,305/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $996/mo, and a $636/mo payment keeps the spread at $192/mo. Purchase price stands at $130,000, and rental yield measures 9.19% with $996/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash records $56,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $996/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1954
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95531, Crescent City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 5,212 (56.2%) |
| Renter Occupied HU | 3,033 (32.7%) |
| Vacant Housing Units | 1,037 (11.2%) |
| Median Home Value | $379,148 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
8,224
Single Family
7,484
Multi-Family
740
Businesses
742
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Listed by: CANDACE FORSHT • FINIGAN REAL ESTATE
Mls Name: DNMLS
Mls ID: #250536