1300 N Forbes StLakeportCA95453
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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 Lakeport at 1300 N Forbes St, Lakeport, CA, 95453 listed at $379,000 pairs $2,532/mo rent with a $1,855/mo payment to leave $187/mo cash flow. Total monthly income runs $2,532/mo, and annual cash flow reaches $2,249/yr on $125,639 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 8.02% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 112.45% and total cumulative return in cash totals $141,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,532/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95453, Lakeport, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,805 (100%) |
| Owner Occupied HU | 3,407 (58.7%) |
| Renter Occupied HU | 1,622 (27.9%) |
| Vacant Housing Units | 776 (13.4%) |
| Median Home Value | $452,743 |
| Average Home Value | $500,293 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,688
Multi-Family
262
Businesses
738
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Nearby investment properties with comparable prices
Listed by: Vera Crabtree • Century 21 Epic
Mls Name: CRMLS
Mls ID: #LC26016115