404 W 3rd StAlturasCA96101
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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 404 W 3rd St, Alturas, CA, 96101 listed at $279,999 pairs $1,736/mo rent with a $1,370/mo payment to leave $4/mo cash flow. Total monthly income runs $1,736/mo, and annual cash flow reaches $52/yr on $92,820 cash to close. Return on cash invested measures 19.96% in year one, and rental yield registers 7.44% at a $279,999 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 103.18% and total cumulative return in cash totals $95,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,736/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
5,227 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: Kara Binning • Stone House Realty
Mls Name: Modoc County AOR
Mls ID: #2906565
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.