324 W Blake StYrekaCA96097
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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 Yreka at 324 W Blake St, Yreka, CA, 96097 with 5% annual appreciation on a $230,000 basis while $1,688/mo rent supports operations. Total monthly income totals $1,688/mo and a $1,126/mo payment preserves $265/mo for cash returns. Annual cash flow comes to $3,179/yr on $76,245 deployed, and return on cash invested reaches 24.08% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.81%. Five-year ROI measures 125.19% and total cumulative return in cash totals $95,455.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,688/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96097, Yreka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,522 (52.6%) |
| Renter Occupied HU | 1,777 (37.0%) |
| Vacant Housing Units | 499 (10.4%) |
| Median Home Value | $340,155 |
| Average Home Value | $390,544 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,028
Multi-Family
552
Businesses
710
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Listed by: Donald Banhart • Grenvik Group
Mls Name: SMLS
Mls ID: #20260002