2458 Wood 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
Investment property for sale in Eureka at 2458 Wood St, Eureka, CA, 95501 uses $112,707 cash to close to unlock $1,846/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $2,257/mo, and a $1,664/mo payment keeps the spread at $154/mo. Purchase price stands at $339,990, and rental yield measures 7.97% with $2,257/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $93,933 over five years. Five-year ROI reaches 111.62% and total cumulative return in cash records $125,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,257/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1956
5,227 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: Charles McCann • Community Realty /cm
Mls Name: HBMLS
Mls ID: #269964