748 Patrick CtArcataCA95521
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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 Arcata at 748 Patrick Ct, Arcata, CA, 95521 priced at $469,999 converts $3,876/mo rent into $942/mo cash flow after a $2,300/mo obligation. Total monthly income equals $3,876/mo, and annual cash flow totals $11,307/yr on $155,805 invested. Return on cash invested prints 27.17% in year one, and rental yield reads 9.9% against a $469,999 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,852 by year five. Five-year ROI reaches 141.84% and total cumulative return in cash sums $221,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,876/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 1987
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95521, Arcata, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,198 (100%) |
| Owner Occupied HU | 3,463 (34.0%) |
| Renter Occupied HU | 5,885 (57.7%) |
| Vacant Housing Units | 850 ( 8.3%) |
| Median Home Value | $521,271 |
| Average Home Value | $533,584 |
Housing Distribution
Address Breakdown
Residential
9,236
Single Family
7,941
Multi-Family
1,295
Businesses
871
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Listed by: Lori L Matthews • Ming Tree, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #269784
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.