6311 Lee Ann DrEurekaCA95503
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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 6311 Lee Ann Dr, Eureka, CA, 95503 with 5% annual appreciation on a $595,000 basis while $4,321/mo rent supports operations. Total monthly income totals $4,321/mo and a $2,912/mo payment preserves $640/mo for cash returns. Annual cash flow comes to $7,685/yr on $195,755 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $3,839/yr, and five-year appreciation sums $164,388 alongside rental yield of 8.71%. Five-year ROI measures 124.68% and total cumulative return in cash totals $244,058.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,321/mo property income versus a $2,912/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.26 Acres 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: Victoria Foersterling • Coldwell Banker Cutten Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #268650
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