665 2nd StTulelakeCA96134
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 665 2nd St, Tulelake, CA, 96134 in Tulelake at $140,000 earns $1,092/mo in rent and nets $151/mo after the $630/mo payment, a 9.36% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $38,679 over five years. Ziffy Mortgage underwrites this on a 1.73 DSCR without U.S. credit history. With $1,289/yr in principal paydown, total projected return reaches $63,144.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $151 | $1,200 |
City averages based on Tulelake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,092 |
| Total Monthly Debt Service | $885 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LEANN SMITH • Susan River Realty
Mls Name: Xome
Mls Provider:
Mls ID: #N/A