11970 North DrClearlakeCA95422
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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 Clearlake at 11970 North Dr, Clearlake, CA, 95422 generates $1,627/mo in rent and, after a $1,219/mo payment, leaves $86/mo in cash flow. Total monthly income is $1,627/mo, and annual cash flow is $1,036/yr on $82,544 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 7.84% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 109.61% and total cumulative return in cash sums $90,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,627/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.49 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
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Listed by: Mary Benson • Realty 360 Wine Country
Mls Name: CRMLS
Mls ID: #LC25117920