2844 Pine 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 2844 Pine St, Eureka, CA, 95501 listed at $372,000 pairs $2,584/mo rent with a $1,821/mo payment to leave $283/mo cash flow. Total monthly income runs $2,584/mo, and annual cash flow reaches $3,390/yr on $123,318 cash to close. Return on cash invested measures 22.66% in year one, and rental yield registers 8.34% at a $372,000 basis. Equity gained on principal adds $2,400/yr, and annual property appreciation at 5% supports $102,777 by year five. Five-year ROI tracks 117.59% and total cumulative return in cash totals $145,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,584/mo property income relative to a $1,821/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
5,662 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: Matt Allen • Humboldt Equity, Inc.
Mls Name: HBMLS
Mls ID: #270489