5518 Schulmeyer Gulch RdYrekaCA96097
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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 Yreka at 5518 Schulmeyer Gulch Rd, Yreka, CA, 96097 priced at $469,000 converts $2,971/mo rent into $69/mo cash flow after a $2,296/mo obligation. Total monthly income equals $2,971/mo, and annual cash flow totals $830/yr on $155,474 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 7.6% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 105.72% and total cumulative return in cash sums $164,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,971/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in N/A
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96097, Yreka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,522 (52.6%) |
| Renter Occupied HU | 1,777 (37.0%) |
| Vacant Housing Units | 499 (10.4%) |
| Median Home Value | $340,155 |
| Average Home Value | $390,544 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,028
Multi-Family
552
Businesses
710
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Listed by: JoAnne Lang • Minton Hometown Properties
Mls Name: SMLS
Mls Provider:
Mls ID: #20250272
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.