1507 Algodon RdPlumas LakeCA95961
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
Investment Highlights
Rental property for sale in Plumas Lake at 1507 Algodon Rd, Plumas Lake, CA, 95961 priced at $585,990 converts $5,485/mo rent into $1,860/mo cash flow after a $2,868/mo obligation. Total monthly income equals $5,485/mo, and annual cash flow totals $22,321/yr on $192,791 invested. Return on cash invested prints 31.64% in year one, and rental yield reads 11.23% against a $585,990 entry. Equity gained on principal adds $3,781/yr, while 5% annual appreciation compiles into $161,898 by year five. Five-year ROI reaches 165.72% and total cumulative return in cash sums $319,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,485/mo property income covering a $2,868/mo payment, not borrower’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