15597 34th AveClearlakeCA95422
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 Clearlake at 15597 34th Ave, Clearlake, CA, 95422 generates $2,059/mo in rent and, after a $1,415/mo payment, leaves $271/mo in cash flow. Total monthly income is $2,059/mo, and annual cash flow is $3,248/yr on $95,804 invested. Return on cash invested sits at 23.3% in year one, and rental yield is 8.55% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 121.04% and total cumulative return in cash sums $115,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,059/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,227 sqft 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: Quirino Aguirre • August Schmitt Realty Solutions
Mls Name: CRMLS
Mls ID: #LC25232521