275 9th 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
Total monthly income runs $1,878/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 1.8% with $1,878/mo rent. Return on cash invested shows 3.02% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 12.19% and total cumulative return in cash records $49,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,878/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Multi Family
Built in 1987
0.41 Acres 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: Matt Allen • Humboldt Equity, Inc.
Mls Name: HBMLS
Mls ID: #270566