245 Fred Haight DrSmith RiverCA95567
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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 Smith River at 245 Fred Haight Dr, Smith River, CA, 95567 priced at $259,000 converts $2,206/mo rent into $603/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,206/mo, and annual cash flow totals $7,241/yr on $85,859 invested. Return on cash invested prints 28.34% in year one, and rental yield reads 10.22% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 148.08% and total cumulative return in cash sums $127,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,206/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95567, Smith River, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 602 (61.3%) |
| Renter Occupied HU | 224 (22.8%) |
| Vacant Housing Units | 156 (15.9%) |
| Median Home Value | $472,527 |
| Average Home Value | $490,532 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
82
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Listed by: David Finigan • Finigan Real Estate
Mls Name: DNMLS
Mls Provider:
Mls ID: #240175
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.