899 Fernbridge DrFortunaCA95540
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 899 Fernbridge Dr, Fortuna, CA, 95540 earns $978/mo cash flow from $2,519/mo rent with a $1,219/mo payment. Total monthly income totals $2,519/mo, and annual cash flow totals $11,740/yr on $82,544 capital. ROI tracks 34.13% on current figures, and rental yield reads 12.14% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 179.14% and total cumulative return in cash sums $147,872. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.
Single Family
Built in 1933
0.38 Acres 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: Ageana R Brett • eXp Realty of Northern Califor
Mls Name: BAREIS
Mls Provider:
Mls ID: #324065717
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.