15970 Davis AvenueClearlakeCA95422
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 15970 Davis Avenue, Clearlake, CA, 95422 uses $68,952 cash to close to unlock $11,920/yr annual cash flow and $993/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,018/mo payment keeps the spread at $993/mo. Purchase price stands at $208,000, and rental yield measures 13.15% with $2,280/mo rent. Return on cash invested shows 37.2% in year one, and 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 195.58% and total cumulative return in cash records $134,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,018/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
4,791 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: Shelley R Furr • Berkshire Hathaway
Mls Name: BAREIS
Mls Provider:
Mls ID: #325095232
Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.