1492 Algodon RdPlumas LakeCA95961
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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 Plumas Lake at 1492 Algodon Rd, Plumas Lake, CA, 95961 uses $189,172 cash to close to unlock $28,528/yr annual cash flow and $2,377/mo monthly cash flow. Total monthly income runs $5,934/mo, and a $2,814/mo payment keeps the spread at $2,377/mo. Purchase price stands at $574,990, and rental yield measures 12.38% with $5,934/mo rent. Return on cash invested shows 35.14% in year one, and 5% annual appreciation builds toward $158,859 over five years. Five-year ROI reaches 184.5% and total cumulative return in cash records $349,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,934/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95961, Olivehurst, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,106 (100%) |
| Owner Occupied HU | 7,417 (66.8%) |
| Renter Occupied HU | 3,043 (27.4%) |
| Vacant Housing Units | 646 ( 5.8%) |
| Median Home Value | $431,688 |
| Average Home Value | $443,252 |
Housing Distribution
Address Breakdown
Residential
10,663
Single Family
10,381
Multi-Family
282
Businesses
236
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A