457 2nd AvePortolaCA96122
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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 Portola at 457 2nd Ave, Portola, CA, 96122 offers a 9.36% rental yield on a $150,000 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $734/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,907/yr on $49,725 to close, and return on cash invested stands at 25.76% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 134.26% and total cumulative return in cash at $66,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96122, Portola, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,289 (49.6%) |
| Renter Occupied HU | 590 (22.7%) |
| Vacant Housing Units | 718 (27.6%) |
| Median Home Value | $376,944 |
| Average Home Value | $444,777 |
Housing Distribution
Address Breakdown
Residential
1,462
Single Family
1,370
Multi-Family
92
Businesses
186
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Listed by: LINDA S HADLEY • HADLEY REAL ESTATE SERVICES
Mls Name: Plumas AOR
Mls ID: #20251175