3121 Cheryl LnFortunaCA95540
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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 Fortuna at 3121 Cheryl Ln, Fortuna, CA, 95540 generates $2,782/mo in rent and, after a $2,168/mo payment, leaves $42/mo in cash flow. Total monthly income is $2,782/mo, and annual cash flow is $501/yr on $146,855 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 7.54% on a $443,000 entry. Equity gained on principal adds $2,859/yr, while 5% annual appreciation builds toward $122,393 over five years. Five-year ROI reaches 104.65% and total cumulative return in cash sums $153,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,782/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95540, Fortuna, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 3,434 (56.5%) |
| Renter Occupied HU | 2,213 (36.4%) |
| Vacant Housing Units | 431 ( 7.1%) |
| Median Home Value | $520,413 |
| Average Home Value | $569,401 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
5,758
Multi-Family
136
Businesses
595
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Listed by: Kyla Nored • The Land Man Office
Mls Name: HBMLS
Mls ID: #270909