315 Paradise DrFortunaCA95540
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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 Fortuna at 315 Paradise Dr, Fortuna, CA, 95540 with 5% annual appreciation on a $285,000 basis while $2,828/mo rent supports operations. Total monthly income totals $2,828/mo and a $1,395/mo payment preserves $1,065/mo for cash returns. Annual cash flow comes to $12,778/yr on $94,478 deployed, and return on cash invested reaches 33.43% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 11.91%. Five-year ROI measures 175.35% and total cumulative return in cash totals $165,666.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,828/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.52 Acres 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: Marcus Schaible • Emerald Realty
Mls Name: HBMLS
Mls ID: #271251