844 Pumice RdAlturasCA96101
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
Rental property for sale in Alturas at 844 Pumice Rd, Alturas, CA, 96101 offers $2,074/mo rent that, after a $1,689/mo payment. Total monthly income is $2,074/mo. Return on cash invested measures 19.27% in year one, and rental yield stands at 7.21% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 99.45% and total cumulative return in cash reaches $113,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,074/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
2.26 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Kundrath • SIERRA DESERT PROPERTIES
Mls Name: Lassen MLS
Mls ID: #202500459