2806 Harrison AveEurekaCA95501
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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 2806 Harrison Ave, Eureka, CA, 95501 offers a 8.63% rental yield on a $430,000 purchase with $3,091/mo rent. Total monthly income registers $3,091/mo, and a $2,105/mo payment leaves $431/mo available for distribution. Annual cash flow reaches $5,167/yr on $142,545 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 122.28% and total cumulative return in cash at $174,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,091/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.25 Acres 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: Clintina Waters • Corcoran Icon Properties Arcata
Mls Name: HBMLS
Mls Provider:
Mls ID: #270570
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.