15971 29th Ave, Clearlake, CA, 95422 | $267/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Clearlake at 15971 29th Ave, Clearlake, CA, 95422 uses $59,670 cash to close to unlock $3,198/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,380/mo, and a $881/mo payment keeps the spread at $267/mo. Purchase price stands at $180,000, and rental yield measures 9.2% with $1,380/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 131.61% and total cumulative return in cash records $78,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $881/mo payment rather than investor’s personal income.

Single Family

Built in 1976

0.45 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