251 Randolph WayFortunaCA95540
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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 Fortuna at 251 Randolph Way, Fortuna, CA, 95540 offers a 7.83% rental yield on a $398,000 purchase with $2,597/mo rent. Total monthly income registers $2,597/mo, and a $1,948/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,619/yr on $131,937 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $2,568/yr while 5% annual appreciation supports $109,960 over five years. Portfolio math shows five-year ROI at 109.41% and total cumulative return in cash at $144,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,597/mo property income against a $1,948/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95540, Fortuna, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 3,434 (56.5%) |
| Renter Occupied HU | 2,213 (36.4%) |
| Vacant Housing Units | 431 ( 7.1%) |
| Median Home Value | $520,413 |
| Average Home Value | $569,401 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
5,758
Multi-Family
136
Businesses
595
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Listed by: Arlene Orlandi • Coldwell Banker Sellers Realty
Mls Name: HBMLS
Mls ID: #270695