638 Eureka Springs DrBlairsden GraeagleCA96103
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Nearby investment properties with comparable prices
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 Blairsden Graeagle at 638 Eureka Springs Dr, Blairsden Graeagle, CA, 96103 priced at $105,000 converts $1,925/mo rent into $1,275/mo cash flow after a $514/mo obligation. Total monthly income equals $1,925/mo, and annual cash flow totals $15,304/yr on $34,808 invested. Return on cash invested prints 63.88% in year one, and rental yield reads 22% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 338.69% and total cumulative return in cash sums $117,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,925/mo property income covering a $514/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96103, Blairsden-Graeagle, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,014 (100%) |
| Owner Occupied HU | 739 (36.7%) |
| Renter Occupied HU | 135 ( 6.7%) |
| Vacant Housing Units | 1,140 (56.6%) |
| Median Home Value | $519,902 |
| Average Home Value | $539,205 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
242
Multi-Family
0
Businesses
100
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Listed by: Michele Smith • MOUNTAIN LIVING REAL ESTATE
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20240275
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