740-732 Locust StGarbervilleCA95542
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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 Garberville at 740-732 Locust St, Garberville, CA, 95542 generates $1,699/mo in rent, after a $1,415/mo payment. Total monthly income is $1,699/mo. Return on cash invested sits at 18.79% in year one, and rental yield is 7.05% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 96.85% and total cumulative return in cash sums $92,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,699/mo property income rather than buyer’s personal income.
Multi Family
Built in 1944
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95542, Garberville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,981 (100%) |
| Owner Occupied HU | 967 (48.8%) |
| Renter Occupied HU | 605 (30.5%) |
| Vacant Housing Units | 409 (20.6%) |
| Median Home Value | $612,699 |
| Average Home Value | $620,739 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
817
Multi-Family
25
Businesses
200
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Listed by: Laura Courtemanche • Chris Brannan Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #266577
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.