2615 Garland 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 2615 Garland St, Eureka, CA, 95501 at $385,000 posts ROI 23.65% with $398/mo cash flow from $2,779/mo rent. Total monthly income equals $2,779/mo, and annual cash flow records $4,772/yr on $127,628 to close. Return on cash invested measures 23.65% and rental yield reads 8.66% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 122.89% and total cumulative return in cash totals $156,838.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,779/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1896
3,484 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: Emily Ruscoe • Community Realty /jw2
Mls Name: HBMLS
Mls Provider:
Mls ID: #268097
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.