1375 Cedar DrLookoutCA96054
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1375 Cedar Dr, Lookout, CA, 96054 in Lookout. At $160,000 it earns $1,540/mo in rent and distributes $496/mo to the owner after the $719/mo payment, a consistent 11.55% yield. DSCR 2.14 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $44,205 in value; $1,474/yr in principal paydown compounds ownership stake. Total projected return: $92,896.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.0% |
| Monthly Cash Flow | $496 | $1,500 |
City averages based on Lookout market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,540 |
| Total Monthly Debt Service | $980 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1981
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96054, Lookout, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 222 (100%) |
| Owner Occupied HU | 118 (53.2%) |
| Renter Occupied HU | 26 (11.7%) |
| Vacant Housing Units | 78 (35.1%) |
| Median Home Value | $308,571 |
| Average Home Value | $406,144 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
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
Manufactured
Built in 1981
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96054, Lookout, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 222 (100%) |
| Owner Occupied HU | 118 (53.2%) |
| Renter Occupied HU | 26 (11.7%) |
| Vacant Housing Units | 78 (35.1%) |
| Median Home Value | $308,571 |
| Average Home Value | $406,144 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Enz-Davis • United Country Stevenson Realty
Mls Name: Modoc County AOR
Mls ID: #2906599
Disclaimer: Copyright Modoc County Listing Service. All rights reserved. Information is deemed reliable but not guaranteed.