740-990 Arroyo Dr #10HerlongCA96113
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.3% yield at 740-990 Arroyo Dr #10, Herlong, CA, 96113 in Herlong is solid, but the $517/mo payment compresses net cash flow to $180/mo at $115,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $31,772 by year five, and $1,059/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.72) without U.S. income documentation. Total projected return: $55,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $180 | $1,200 |
City averages based on Herlong market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $891 |
| Total Monthly Debt Service | $666 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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