6800 Elk Springs DrMcCloudCA96057
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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 McCloud at 6800 Elk Springs Dr, McCloud, CA, 96057 uses $88,162 cash to close to unlock $6,606/yr annual cash flow and $550/mo monthly cash flow. Total monthly income runs $2,196/mo, and a $1,302/mo payment keeps the spread at $550/mo. Purchase price stands at $265,950, and rental yield measures 9.91% with $2,196/mo rent. Return on cash invested shows 27.4% in year one, and 5% annual appreciation builds toward $73,477 over five years. Five-year ROI reaches 143.04% and total cumulative return in cash records $126,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $1,302/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96057, Mccloud, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 437 (44.8%) |
| Renter Occupied HU | 168 (17.2%) |
| Vacant Housing Units | 371 (38.0%) |
| Median Home Value | $402,830 |
| Average Home Value | $457,426 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
86
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Listed by: Byra Dagvadorj • Nirvana Realty
Mls Name: MetroList Services of CA
Mls ID: #225097685