16006 8th 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
Investment property for sale in Clearlake at 16006 8th Ave, Clearlake, CA, 95422 listed at $420,000 pairs $1,981/mo rent with a $2,056/mo payment. Total monthly income runs $1,981/mo. Return on cash invested measures 14.59% in year one, and rental yield registers 5.66% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 74.3% and total cumulative return in cash totals $103,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,981/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2006
0.92 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
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Listed by: N/A • N/A
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