800 McKenney DrAlturasCA96101
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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
Investment property for sale in Alturas at 800 McKenney Dr, Alturas, CA, 96101 with 5% annual appreciation on a $269,000 basis while $1,854/mo rent supports operations. Total monthly income totals $1,854/mo and a $1,317/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,154/yr on $89,174 deployed, and return on cash invested reaches 22.33% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 8.27%. Five-year ROI measures 115.88% and total cumulative return in cash totals $103,331.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,854/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
3.40 Acres lot
$N/A/sqft
$10 month 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: Nadene Berryessa • United Country Stevenson Realty
Mls Name: Modoc County AOR
Mls ID: #2906487
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.