23961 Eberle StreetCoveloCA95428
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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 Covelo at 23961 Eberle Street, Covelo, CA, 95428 earns $783/mo cash flow from $2,206/mo rent with a $1,126/mo payment. Total monthly income totals $2,206/mo, and annual cash flow totals $9,395/yr on $76,245 capital. ROI tracks 32.23% on current figures, and rental yield reads 11.51% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 168.9% and total cumulative return in cash sums $128,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,206/mo property income instead of your personal income.
Manufactured
Built in N/A
0.63 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
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Listed by: Erin Hoaglen • Luxe Places International R
Mls Name: BAREIS
Mls ID: #325095781