15420 Rumsey RdClearlakeCA95422
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
Investment property for sale in Clearlake at 15420 Rumsey Rd, Clearlake, CA, 95422 uses $165,717 cash to close to unlock $4,619/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $3,638/mo, and a $2,447/mo payment keeps the spread at $385/mo. Purchase price stands at $499,900, and rental yield measures 8.73% with $3,638/mo rent. Return on cash invested shows 22.7% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash records $195,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,638/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1967
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95422, Clearlake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,385 (100%) |
| Owner Occupied HU | 3,856 (46.0%) |
| Renter Occupied HU | 2,825 (33.7%) |
| Vacant Housing Units | 1,704 (20.3%) |
| Median Home Value | $215,762 |
| Average Home Value | $288,917 |
Housing Distribution
Address Breakdown
Residential
5,743
Single Family
5,365
Multi-Family
378
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Diaz • Keller Williams Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324060055
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.