2324 Newburg RdFortunaCA95540
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 Fortuna at 2324 Newburg Rd, Fortuna, CA, 95540 at $285,582 posts ROI 31.72% with $932/mo cash flow from $2,699/mo rent. Total monthly income equals $2,699/mo, and annual cash flow records $11,185/yr on $94,670 to close. Return on cash invested measures 31.72% and rental yield reads 11.34% at the current $285,582. Equity gained on principal adds $1,843/yr, and 5% annual appreciation supports $78,901 by year five. Five-year ROI prints 166.22% and total cumulative return in cash totals $157,365.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,699/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95540, Fortuna, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 3,434 (56.5%) |
| Renter Occupied HU | 2,213 (36.4%) |
| Vacant Housing Units | 431 ( 7.1%) |
| Median Home Value | $520,413 |
| Average Home Value | $569,401 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
5,758
Multi-Family
136
Businesses
595
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Listed by: Clyde Akamine • RE/MAX Humboldt Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #269225
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.