2549 Durham DrDorrisCA96023
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2549 Durham Dr, Dorris, CA, 96023 in Dorris: $1,040/mo in rent, $212/mo in net income, 9.32% gross yield, 1.73 DSCR, all at $133,888. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $36,991 in appreciation and $1,233/yr in principal paydown projects total cumulative return of $64,437.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $212 | $500 |
City averages based on Dorris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,040 |
| Total Monthly Debt Service | $775 |
| DSCR Ratio | 1.34x |
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.
Manufactured
Built in N/A
2.50 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
Manufactured
Built in N/A
2.50 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
Listed by: Cher Beck • eXp Realty of California, Inc-Cher
Mls Name: SMLS
Mls Provider:
Mls ID: #20250014
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.