712 E 4th StAlturasCA96101
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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
Rental property for sale in Alturas at 712 E 4th St, Alturas, CA, 96101 priced at $330,000 converts $1,924/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,924/mo. Return on cash invested prints 18.62% in year one, and rental yield reads 7% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 95.94% and total cumulative return in cash sums $104,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,924/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1941
0.38 Acres 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: Whitney Kundrath • SIERRA DESERT PROPERTIES
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400593
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.