385 Pelicans Pouch CtEurekaCA95503
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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 Eureka at 385 Pelicans Pouch Ct, Eureka, CA, 95503 generates $2,590/mo in rent, after a $2,198/mo payment. Total monthly income is $2,590/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 6.92% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 94.74% and total cumulative return in cash sums $141,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,590/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95503, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,819 (100%) |
| Owner Occupied HU | 6,597 (61.0%) |
| Renter Occupied HU | 3,485 (32.2%) |
| Vacant Housing Units | 737 ( 6.8%) |
| Median Home Value | $491,634 |
| Average Home Value | $530,221 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
10,133
Multi-Family
87
Businesses
335
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Listed by: Jessica Van Pelt-Stretch • Landmark Real Estate
Mls Name: HBMLS
Mls ID: #270751