406 W Carlos StAlturasCA96101
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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 406 W Carlos St, Alturas, CA, 96101 at $349,999 posts ROI 21.23% with $128/mo cash flow from $2,293/mo rent. Total monthly income equals $2,293/mo, and annual cash flow records $1,535/yr on $116,025 to close. Return on cash invested measures 21.23% and rental yield reads 7.86% at the current $349,999. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 by year five. Five-year ROI prints 109.91% and total cumulative return in cash totals $127,526.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,293/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.36 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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Listed by: WHITNEY KUNDRATH • SIERRA DESERT PROPERTIES
Mls Name: Lassen MLS
Mls ID: #202500354