404 N East St #CAlturasCA96101
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 Alturas at 404 N East St #C, Alturas, CA, 96101 at $220,000 posts ROI 26.95% with $428/mo cash flow from $1,789/mo rent. Total monthly income equals $1,789/mo, and annual cash flow records $5,134/yr on $72,930 to close. Return on cash invested measures 26.95% and rental yield reads 9.76% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 140.58% and total cumulative return in cash totals $102,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,789/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1912
9,147 sqft 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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Listed by: Janie Erkiaga Real Estate Broker • Janie Erkiaga Real Estate Broker
Mls Name: Modoc County AOR
Mls ID: #2906330
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.