311 W Essex StCrescent CityCA95531
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 311 W Essex St, Crescent City, CA, 95531 in Crescent City. Priced at $285,000, it generates $2,597/mo in gross rent and $834/mo in net monthly cash flow, a 10.93% yield that comfortably supports the 2.03 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,005. Five-year appreciation: $78,740. Equity from principal paydown: $2,625/yr. Total projected cumulative return: $161,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $834 | $1,200 |
City averages based on Crescent City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,597 |
| Total Monthly Debt Service | $1,650 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95531, Crescent City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 5,212 (56.2%) |
| Renter Occupied HU | 3,033 (32.7%) |
| Vacant Housing Units | 1,037 (11.2%) |
| Median Home Value | $379,148 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
8,224
Single Family
7,484
Multi-Family
740
Businesses
742
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
Single Family
Built in 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95531, Crescent City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 5,212 (56.2%) |
| Renter Occupied HU | 3,033 (32.7%) |
| Vacant Housing Units | 1,037 (11.2%) |
| Median Home Value | $379,148 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
8,224
Single Family
7,484
Multi-Family
740
Businesses
742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patty Adams • FINIGAN REAL ESTATE
Mls Name: DNMLS
Mls ID: #250464