238 W Grant StEurekaCA95501
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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
Rental property for sale in Eureka at 238 W Grant St, Eureka, CA, 95501 priced at $1,499,000 pairs $2,832/mo rent with after a $7,337/mo payment. Total monthly income equals $2,832/mo. Return on cash invested is 4.46% in year one, and rental yield stands at 2.27% on a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and 5% annual appreciation accumulates to $414,146 by year five. Five-year ROI measures 19.87% and total cumulative return in cash reaches $96,489. For financing, Ziffy Mortgage’s DSCR program evaluates $2,832/mo property income against a $7,337/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2017
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95501, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,945 (100%) |
| Owner Occupied HU | 4,082 (37.3%) |
| Renter Occupied HU | 5,985 (54.7%) |
| Vacant Housing Units | 878 ( 8.0%) |
| Median Home Value | $495,100 |
| Average Home Value | $583,057 |
Housing Distribution
Address Breakdown
Residential
10,273
Single Family
9,532
Multi-Family
741
Businesses
1,657
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Listed by: Rahi Miraie • BHHS Redwood Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #268088
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.