332 1st StTulelakeCA96134
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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 Tulelake at 332 1st St, Tulelake, CA, 96134 priced at $285,000 pairs $2,228/mo rent with $465/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,228/mo, and annual cash flow comes to $5,578/yr on $94,478 invested. Return on cash invested is 25.81% in year one, and rental yield stands at 9.38% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 134.5% and total cumulative return in cash reaches $127,074. For financing, Ziffy Mortgage’s DSCR program evaluates $2,228/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96134, Tulelake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 932 (100%) |
| Owner Occupied HU | 485 (52.0%) |
| Renter Occupied HU | 248 (26.6%) |
| Vacant Housing Units | 199 (21.4%) |
| Median Home Value | $303,017 |
| Average Home Value | $328,727 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
81
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Listed by: Don Yeo • CALIFORNIA PROPERTY BROKER
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400220
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.