3105 Elk StEurekaCA95503
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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 3105 Elk St, Eureka, CA, 95503 offers a 8.12% rental yield on a $353,100 purchase with $2,388/mo rent. Total monthly income registers $2,388/mo, and a $1,728/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,447/yr on $117,053 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $2,279/yr while 5% annual appreciation supports $97,555 over five years. Portfolio math shows five-year ROI at 114.04% and total cumulative return in cash at $133,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,388/mo property income against a $1,728/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,971 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95503, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,819 (100%) |
| Owner Occupied HU | 6,597 (61.0%) |
| Renter Occupied HU | 3,485 (32.2%) |
| Vacant Housing Units | 737 ( 6.8%) |
| Median Home Value | $491,634 |
| Average Home Value | $530,221 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
10,133
Multi-Family
87
Businesses
335
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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