740-990 Arroyo Dr #10HerlongCA96113
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
Investment Highlights
Investment property for sale in Herlong at 740-990 Arroyo Dr #10, Herlong, CA, 96113 listed at $115,000 pairs $891/mo rent with a $563/mo payment to leave $179/mo cash flow. Total monthly income runs $891/mo, and annual cash flow reaches $2,153/yr on $38,123 cash to close. Return on cash invested measures 25.56% in year one, and rental yield registers 9.3% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 133.17% and total cumulative return in cash totals $50,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $891/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96113, Herlong, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 173 (42.9%) |
| Renter Occupied HU | 150 (37.2%) |
| Vacant Housing Units | 80 (19.9%) |
| Median Home Value | $185,357 |
| Average Home Value | $274,509 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MELISSA PICKETT • TOWN & COUNTRY REAL ESTATE
Mls Name: Lassen MLS
Mls ID: #202600003