338 E Sly StDorrisCA96023
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
Rental property for sale in Dorris at 338 E Sly St, Dorris, CA, 96023 offers $1,329/mo rent that, after a $832/mo payment, leaves $277/mo cash flow. Total monthly income is $1,329/mo, and annual cash flow is $3,329/yr on $56,355 cash. Return on cash invested measures 25.82% in year one, and rental yield stands at 9.38% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 134.57% and total cumulative return in cash reaches $75,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,329/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96023, Dorris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 307 (55.7%) |
| Renter Occupied HU | 148 (26.9%) |
| Vacant Housing Units | 96 (17.4%) |
| Median Home Value | $137,868 |
| Average Home Value | $232,524 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
42
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Listed by: Scott Lassen • Jefferson State Realty
Mls Name: SMLS
Mls ID: #20251152