22881 Biggar LnCoveloCA95428
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderRental yield 7.03%. No single metric is exceptional, but the combination offers a durable, low-volatility return profile suitable for risk-conscious global investors. Ziffy Mortgage's mortgage qualifies on DSCR alone, no U.S. credit history required. Five-year appreciation adds $131,234, and $4,375/yr in principal equity projects total return of $164,486.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 7.2% |
| Monthly Cash Flow | $(250) | $150 |
City averages based on Covelo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,783 |
| Total Monthly Debt Service | $2,844 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95428, Covelo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 706 (55.8%) |
| Renter Occupied HU | 355 (28.0%) |
| Vacant Housing Units | 205 (16.2%) |
| Median Home Value | $523,148 |
| Average Home Value | $592,365 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
454
Multi-Family
0
Businesses
67
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
Single Family
Built in 1992
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95428, Covelo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 706 (55.8%) |
| Renter Occupied HU | 355 (28.0%) |
| Vacant Housing Units | 205 (16.2%) |
| Median Home Value | $523,148 |
| Average Home Value | $592,365 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
454
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Celeste C Rodriguez • Coldwell Banker Mendo Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324089398
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.