11815 Joey CirLower LakeCA95457
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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
Investment property for sale in Lower Lake at 11815 Joey Cir, Lower Lake, CA, 95457 listed at $294,000 pairs $2,040/mo rent with a $1,439/mo payment to leave $221/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $2,655/yr on $97,461 cash to close. Return on cash invested measures 22.63% in year one, and rental yield registers 8.33% at a $294,000 basis. Equity gained on principal adds $1,897/yr, and annual property appreciation at 5% supports $81,227 by year five. Five-year ROI tracks 117.47% and total cumulative return in cash totals $114,492. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,439/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1970
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95457, Lower Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,680 (100%) |
| Owner Occupied HU | 998 (59.4%) |
| Renter Occupied HU | 288 (17.1%) |
| Vacant Housing Units | 394 (23.5%) |
| Median Home Value | $431,579 |
| Average Home Value | $556,450 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
131
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Listed by: April Edwards • RE/MAX Gold Lake County
Mls Name: CRMLS
Mls ID: #LC25161678