32850 Mill Creek DrFort BraggCA95437
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
Investment Highlights
Investment property for sale in Fort Bragg at 32850 Mill Creek Dr, Fort Bragg, CA, 95437 earns $1,426/mo cash flow from $2,509/mo rent with a $857/mo payment. Total monthly income totals $2,509/mo, and annual cash flow totals $17,111/yr on $58,013 capital. ROI tracks 49.41% on current figures, and rental yield reads 17.2% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 261.02% and total cumulative return in cash sums $151,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,509/mo property income instead of your personal income.
Manufactured
Built in 1972
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95437, Fort Bragg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,111 (100%) |
| Owner Occupied HU | 3,580 (50.3%) |
| Renter Occupied HU | 2,593 (36.5%) |
| Vacant Housing Units | 938 (13.2%) |
| Median Home Value | $613,920 |
| Average Home Value | $695,865 |
Housing Distribution
Address Breakdown
Residential
6,239
Single Family
5,833
Multi-Family
406
Businesses
855
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Listed by: Carol Gilmore • RE/MAX First Equity Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324044947
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.