0 County Road 15Lake CityCA96115
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 Lake City at 0 County Road 15, Lake City, CA, 96115 offers a 9.57% rental yield on a $189,000 purchase with $1,508/mo rent. Total monthly income registers $1,508/mo, and a $925/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,066/yr on $62,654 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 137.63% and total cumulative return in cash at $86,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,508/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96115, Lake City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 139 (100%) |
| Owner Occupied HU | 74 (53.2%) |
| Renter Occupied HU | 33 (23.7%) |
| Vacant Housing Units | 32 (23.0%) |
| Median Home Value | $500,000 |
| Average Home Value | $655,101 |
Housing Distribution
Address Breakdown
Residential
23
Single Family
23
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Marchy • eXp Realty of Northern CA Inc
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224037661
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.