15825 23rd AveClearlakeCA95422
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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 15825 23rd Ave, Clearlake, CA, 95422 generates $2,182/mo in rent and, after a $1,463/mo payment, leaves $333/mo in cash flow. Total monthly income is $2,182/mo, and annual cash flow is $3,995/yr on $99,079 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 8.76% on a $298,880 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,575 over five years. Five-year ROI reaches 124.44% and total cumulative return in cash sums $123,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,182/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
4,879 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
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Listed by: Kelly Marshall • EXP Realty of California, Inc
Mls Name: CRMLS
Mls ID: #LC25216010