395 North StCorningCA96021
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 Corning at 395 North St, Corning, CA, 96021 at $295,000 posts ROI 26.33% with $523/mo cash flow from $2,348/mo rent. Total monthly income equals $2,348/mo, and annual cash flow records $6,275/yr on $97,793 to close. Return on cash invested measures 26.33% and rental yield reads 9.55% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 137.23% and total cumulative return in cash totals $134,198.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,348/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96021, Corning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,819 (100%) |
| Owner Occupied HU | 3,955 (58.0%) |
| Renter Occupied HU | 2,387 (35.0%) |
| Vacant Housing Units | 477 ( 7.0%) |
| Median Home Value | $362,594 |
| Average Home Value | $418,668 |
Housing Distribution
Address Breakdown
Residential
5,407
Single Family
4,882
Multi-Family
525
Businesses
402
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Nearby investment properties with comparable prices
Listed by: Megan Galantine • RE/MAX AMERICAN DREAM
Mls Name: Tehama County AOR
Mls ID: #20250227
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.