12962 2nd StClearlake OaksCA95423
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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 Clearlake Oaks at 12962 2nd St, Clearlake Oaks, CA, 95423 earns $199/mo cash flow from $1,034/mo rent with a $661/mo payment. Total monthly income totals $1,034/mo, and annual cash flow totals $2,383/yr on $44,753 capital. ROI tracks 25.23% on current figures, and rental yield reads 9.19% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 131.44% and total cumulative return in cash sums $58,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,034/mo property income instead of your personal income.
Manufactured
Built in 1977
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95423, Clearlake Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,065 (100%) |
| Owner Occupied HU | 1,568 (51.2%) |
| Renter Occupied HU | 619 (20.2%) |
| Vacant Housing Units | 878 (28.6%) |
| Median Home Value | $333,099 |
| Average Home Value | $368,791 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
65
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Listed by: August Schmitt • August Schmitt Realty Solutions
Mls Name: CRMLS
Mls ID: #LC25190962