2430 Picard RdDorrisCA96023
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 2430 Picard Rd, Dorris, CA, 96023 in Dorris is straightforward: $398,888 in, $3,203/mo in rent, $699/mo out after debt service. The 9.64% gross yield and 1.79 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $110,205 by year five. With $3,674/yr in principal equity, the total cumulative return is projected at $196,396.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $699 | $500 |
City averages based on Dorris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,203 |
| Total Monthly Debt Service | $2,345 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 N/A
74.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96023, Dorris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 307 (55.7%) |
| Renter Occupied HU | 148 (26.9%) |
| Vacant Housing Units | 96 (17.4%) |
| Median Home Value | $137,868 |
| Average Home Value | $232,524 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
42
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 N/A
74.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96023, Dorris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 307 (55.7%) |
| Renter Occupied HU | 148 (26.9%) |
| Vacant Housing Units | 96 (17.4%) |
| Median Home Value | $137,868 |
| Average Home Value | $232,524 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices