525 Herrick Ave SPACE 33EurekaCA95503
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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 525 Herrick Ave SPACE 33, Eureka, CA, 95503 earns $255/mo cash flow from $1,176/mo rent with a $729/mo payment. Total monthly income totals $1,176/mo, and annual cash flow totals $3,054/yr on $49,394 capital. ROI tracks 26.09% on current figures, and rental yield reads 9.47% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 136.03% and total cumulative return in cash sums $67,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,176/mo property income instead of your personal income.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95503, Eureka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,819 (100%) |
| Owner Occupied HU | 6,597 (61.0%) |
| Renter Occupied HU | 3,485 (32.2%) |
| Vacant Housing Units | 737 ( 6.8%) |
| Median Home Value | $491,634 |
| Average Home Value | $530,221 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
10,133
Multi-Family
87
Businesses
335
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Listed by: Lorenzo Herrera • Coldwell Banker Cutten Realty
Mls Name: HBMLS
Mls ID: #270667