857 7th StFortunaCA95540
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
Investment property for sale in Fortuna at 857 7th St, Fortuna, CA, 95540 uses $126,965 cash to close to unlock $7,113/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $3,011/mo, and a $1,875/mo payment keeps the spread at $593/mo. Purchase price stands at $383,000, and rental yield measures 9.43% with $3,011/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $105,816 over five years. Five-year ROI reaches 133.03% and total cumulative return in cash records $168,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,011/mo property income covering a $1,875/mo payment rather than investor’s personal income.
Single Family
Built in 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95540, Fortuna, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 3,434 (56.5%) |
| Renter Occupied HU | 2,213 (36.4%) |
| Vacant Housing Units | 431 ( 7.1%) |
| Median Home Value | $520,413 |
| Average Home Value | $569,401 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
5,758
Multi-Family
136
Businesses
595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessika Chapman • Corcoran Icon Properties Eureka
Mls Name: HBMLS
Mls Provider:
Mls ID: #269270
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.