4955/4965 Myrtle AveEurekaCA95501
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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 Eureka at 4955/4965 Myrtle Ave, Eureka, CA, 95501 earns $678/mo cash flow from $2,471/mo rent with a $1,419/mo payment. Total monthly income totals $2,471/mo, and annual cash flow totals $8,130/yr on $96,102 capital. ROI tracks 28.37% on current figures, and rental yield reads 10.23% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 148.23% and total cumulative return in cash sums $142,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,471/mo property income instead of your personal income.
Single Family
Built in 1934
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95501, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,945 (100%) |
| Owner Occupied HU | 4,082 (37.3%) |
| Renter Occupied HU | 5,985 (54.7%) |
| Vacant Housing Units | 878 ( 8.0%) |
| Median Home Value | $495,100 |
| Average Home Value | $583,057 |
Housing Distribution
Address Breakdown
Residential
10,273
Single Family
9,532
Multi-Family
741
Businesses
1,657
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Listed by: Marc Matteoli • Benchmark Realty Group/MM
Mls Name: HBMLS
Mls Provider:
Mls ID: #267854
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.