863 14th StFortunaCA95540
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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 Fortuna at 863 14th St, Fortuna, CA, 95540 offers $2,430/mo rent that, after a $1,703/mo payment, leaves $278/mo cash flow. Total monthly income is $2,430/mo, and annual cash flow is $3,330/yr on $115,362 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 8.38% at a $348,000 entry. Equity gained on principal adds $2,246/yr while 5% annual appreciation compounds into $96,146 by year five. Five-year ROI records 118.32% and total cumulative return in cash reaches $136,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,430/mo property income versus a $1,703/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
3,920 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
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Listed by: Larry "Sockeye" Salmon • Ming Tree, Inc.
Mls Name: HBMLS
Mls Provider:
Mls ID: #266977
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.