306 McKenney DrAlturasCA96101
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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
Rental property for sale in Alturas at 306 McKenney Dr, Alturas, CA, 96101 priced at $380,000 pairs $2,237/mo rent with after a $1,860/mo payment. Total monthly income equals $2,237/mo. Return on cash invested is 18.82% in year one, and rental yield stands at 7.06% on a $380,000 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,987 by year five. Five-year ROI measures 97.04% and total cumulative return in cash reaches $122,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,237/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96101, Alturas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,449 (55.9%) |
| Renter Occupied HU | 710 (27.4%) |
| Vacant Housing Units | 432 (16.7%) |
| Median Home Value | $230,139 |
| Average Home Value | $330,102 |
Housing Distribution
Address Breakdown
Residential
2,176
Single Family
2,176
Multi-Family
0
Businesses
312
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Listed by: Nadene Berryessa • United Country Stevenson Realty
Mls Name: Modoc County AOR
Mls ID: #2906641