2910 Springer DrMcKinleyvilleCA95519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in McKinleyville at 2910 Springer Dr, McKinleyville, CA, 95519 offers $3,498/mo rent that, after a $4,111/mo payment. Total monthly income is $3,498/mo. Return on cash invested measures 12.69% in year one, and rental yield stands at 5% at a $840,000 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,077 by year five. Five-year ROI records 64.06% and total cumulative return in cash reaches $177,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,498/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95519, Mckinleyville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,710 (56.6%) |
| Renter Occupied HU | 3,022 (36.3%) |
| Vacant Housing Units | 596 ( 7.2%) |
| Median Home Value | $561,148 |
| Average Home Value | $622,492 |
Housing Distribution
Address Breakdown
Residential
7,932
Single Family
7,826
Multi-Family
106
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike & Marci Pigg • Coldwell Banker Cutten Realty
Mls Name: HBMLS
Mls ID: #271330