2582 Boone StFortunaCA95540
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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 Fortuna at 2582 Boone St, Fortuna, CA, 95540 generates $4,121/mo in rent and, after a $2,374/mo payment, leaves $1,121/mo in cash flow. Total monthly income is $4,121/mo, and annual cash flow is $13,446/yr on $160,778 invested. Return on cash invested sits at 28.27% in year one, and rental yield is 10.2% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 147.69% and total cumulative return in cash sums $237,458. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,121/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
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: Cody Michael Hurst • EXP Realty of California, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #267313
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.