471 Prospect AveLoletaCA95551
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 471 Prospect Ave, Loleta, CA, 95551 in Loleta, $419,914, 7.73% gross yield, $108/mo net income. Consider it a market-entry position, the $2,706/mo rent covers the $1,888/mo payment with a margin, and 5%/yr appreciation is projected to add $116,015 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.43) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $166,221.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $108 | $500 |
City averages based on Loleta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,706 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1915
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95551, Loleta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 368 (53.8%) |
| Renter Occupied HU | 273 (39.9%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $632,609 |
| Average Home Value | $717,683 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
276
Multi-Family
0
Businesses
32
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
Single Family
Built in 1915
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95551, Loleta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 368 (53.8%) |
| Renter Occupied HU | 273 (39.9%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $632,609 |
| Average Home Value | $717,683 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
276
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clyde Akamine • RE/MAX Humboldt Realty
Mls Name: HBMLS
Mls ID: #270700