701 N East B StAlturasCA96101
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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 Alturas at 701 N East B St, Alturas, CA, 96101 offers $1,780/mo rent that, after a $915/mo payment, leaves $623/mo cash flow. Total monthly income is $1,780/mo, and annual cash flow is $7,481/yr on $61,991 cash. Return on cash invested measures 31.98% in year one, and rental yield stands at 11.42% at a $187,000 entry. Equity gained on principal adds $1,207/yr while 5% annual appreciation compounds into $51,665 by year five. Five-year ROI records 167.61% and total cumulative return in cash reaches $103,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,780/mo property income versus a $915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96101, Alturas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,449 (55.9%) |
| Renter Occupied HU | 710 (27.4%) |
| Vacant Housing Units | 432 (16.7%) |
| Median Home Value | $230,139 |
| Average Home Value | $330,102 |
Housing Distribution
Address Breakdown
Residential
2,176
Single Family
2,176
Multi-Family
0
Businesses
312
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Listed by: Kara Binning • Stone House Realty
Mls Name: Modoc County AOR
Mls ID: #2906514
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.