397 Niemiec RdAlturasCA96101
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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
Investment property for sale in Alturas at 397 Niemiec Rd, Alturas, CA, 96101 with 5% annual appreciation on a $345,000 basis while $2,186/mo rent supports operations. Total monthly income totals $2,186/mo and a $1,689/mo payment preserves $51/mo for cash returns. Annual cash flow comes to $616/yr on $114,368 deployed, and return on cash invested reaches 20.45% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,317 alongside rental yield of 7.6%. Five-year ROI measures 105.76% and total cumulative return in cash totals $120,952.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,186/mo property income versus a $1,689/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2006
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96101, Alturas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,449 (55.9%) |
| Renter Occupied HU | 710 (27.4%) |
| Vacant Housing Units | 432 (16.7%) |
| Median Home Value | $230,139 |
| Average Home Value | $330,102 |
Housing Distribution
Address Breakdown
Residential
2,176
Single Family
2,176
Multi-Family
0
Businesses
312
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Nearby investment properties with comparable prices
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