308 Modoc AveMcCloudCA96057
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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 McCloud at 308 Modoc Ave, McCloud, CA, 96057 generates $2,551/mo in rent, after a $2,061/mo payment. Total monthly income is $2,551/mo. Return on cash invested sits at 18.21% in year one, and rental yield is 7.27% on a $421,100 entry. Equity gained on principal adds $2,717/yr, while 5% annual appreciation builds toward $116,342 over five years. Five-year ROI reaches 94.18% and total cumulative return in cash sums $131,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,551/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
0.32 Acres lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96057, Mccloud, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 437 (44.8%) |
| Renter Occupied HU | 168 (17.2%) |
| Vacant Housing Units | 371 (38.0%) |
| Median Home Value | $402,830 |
| Average Home Value | $457,426 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
86
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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