26850 Highway 162CoveloCA95428
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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 Covelo at 26850 Highway 162, Covelo, CA, 95428 earns from $2,662/mo rent with a $9,544/mo payment. Total monthly income totals $2,662/mo. ROI tracks 2.51% on current figures, and rental yield reads 1.64% at a $1,950,000 purchase. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 over five years. Five-year ROI reaches 9.47% and total cumulative return in cash sums $59,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,662/mo property income instead of your personal income.
Single Family
Built in N/A
250 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95428, Covelo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 706 (55.8%) |
| Renter Occupied HU | 355 (28.0%) |
| Vacant Housing Units | 205 (16.2%) |
| Median Home Value | $523,148 |
| Average Home Value | $592,365 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
454
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Jason E Wolf • Summit Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #325017344
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.