493 Reddy AveCrescent CityCA95531
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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
Rental property for sale in Crescent City at 493 Reddy Ave, Crescent City, CA, 95531 generates $2,255/mo in rent and, after a $1,674/mo payment, leaves $139/mo in cash flow. Total monthly income is $2,255/mo, and annual cash flow is $1,671/yr on $113,373 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 7.91% on a $342,000 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 110.78% and total cumulative return in cash sums $125,590. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95531, Crescent City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 5,212 (56.2%) |
| Renter Occupied HU | 3,033 (32.7%) |
| Vacant Housing Units | 1,037 (11.2%) |
| Median Home Value | $379,148 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
8,224
Single Family
7,484
Multi-Family
740
Businesses
742
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Listed by: Brianna Long • Potter Real Estate Group, Inc
Mls Name: DNMLS
Mls Provider:
Mls ID: #250065
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.