853 Locust StGarbervilleCA95542
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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 Garberville at 853 Locust St, Garberville, CA, 95542 with 5% annual appreciation on a $248,000 basis while $2,366/mo rent supports operations. Total monthly income totals $2,366/mo and a $1,214/mo payment preserves $832/mo for cash returns. Annual cash flow comes to $9,980/yr on $82,212 deployed, and return on cash invested reaches 32.05% in year one. Equity gained on principal adds $1,600/yr, and five-year appreciation sums $68,518 alongside rental yield of 11.45%. Five-year ROI measures 167.95% and total cumulative return in cash totals $138,078.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,366/mo property income versus a $1,214/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95542, Garberville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,981 (100%) |
| Owner Occupied HU | 967 (48.8%) |
| Renter Occupied HU | 605 (30.5%) |
| Vacant Housing Units | 409 (20.6%) |
| Median Home Value | $612,699 |
| Average Home Value | $620,739 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
817
Multi-Family
25
Businesses
200
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Listed by: Molly Wicke • Landmark Real Estate
Mls Name: HBMLS
Mls Provider:
Mls ID: #269510
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.