11115 Lakeshore DriveClearlakeCA95422
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
Rental property for sale in Clearlake at 11115 Lakeshore Drive, Clearlake, CA, 95422 priced at $640,000 converts $2,280/mo rent into after a $3,132/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 10.49% in year one, and rental yield reads 4.28% against a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation compiles into $176,820 by year five. Five-year ROI reaches 52.32% and total cumulative return in cash sums $110,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $3,132/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95422, Clearlake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,385 (100%) |
| Owner Occupied HU | 3,856 (46.0%) |
| Renter Occupied HU | 2,825 (33.7%) |
| Vacant Housing Units | 1,704 (20.3%) |
| Median Home Value | $215,762 |
| Average Home Value | $288,917 |
Housing Distribution
Address Breakdown
Residential
5,743
Single Family
5,365
Multi-Family
378
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Monticello • Vanguard Properties
Mls Name: BAREIS
Mls ID: #325098845