3599 Edgewood RdEurekaCA95501
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 Eureka at 3599 Edgewood Rd, Eureka, CA, 95501 listed at $599,900 pairs $2,563/mo rent with a $2,936/mo payment. Total monthly income runs $2,563/mo. Return on cash invested measures 13.08% in year one, and rental yield registers 5.13% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 66.21% and total cumulative return in cash totals $130,684. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,563/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95501, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,945 (100%) |
| Owner Occupied HU | 4,082 (37.3%) |
| Renter Occupied HU | 5,985 (54.7%) |
| Vacant Housing Units | 878 ( 8.0%) |
| Median Home Value | $495,100 |
| Average Home Value | $583,057 |
Housing Distribution
Address Breakdown
Residential
10,273
Single Family
9,532
Multi-Family
741
Businesses
1,657
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy Kathryn Buchanan • Community Realty /pb
Mls Name: HBMLS
Mls Provider:
Mls ID: #268219
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.