665 2nd StTulelakeCA96134
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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 Tulelake at 665 2nd St, Tulelake, CA, 96134 offers a 9.36% rental yield on a $140,000 purchase with $1,092/mo rent. Total monthly income registers $1,092/mo, and a $685/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,819/yr on $46,410 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 124.6% and total cumulative return in cash at $57,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,092/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96134, Tulelake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 932 (100%) |
| Owner Occupied HU | 485 (52.0%) |
| Renter Occupied HU | 248 (26.6%) |
| Vacant Housing Units | 199 (21.4%) |
| Median Home Value | $303,017 |
| Average Home Value | $328,727 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
81
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Listed by: LEANN SMITH • Susan River Realty
Mls Name: Xome
Mls Provider:
Mls ID: #N/A