16095 Spruce Grove RdLower LakeCA95457
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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 Lower Lake at 16095 Spruce Grove Rd, Lower Lake, CA, 95457 priced at $450,000 converts $2,101/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,101/mo. Return on cash invested prints 14.41% in year one, and rental yield reads 5.6% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 73.37% and total cumulative return in cash sums $109,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,101/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Manufactured
Built in 1977
9.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95457, Lower Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,680 (100%) |
| Owner Occupied HU | 998 (59.4%) |
| Renter Occupied HU | 288 (17.1%) |
| Vacant Housing Units | 394 (23.5%) |
| Median Home Value | $431,579 |
| Average Home Value | $556,450 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
131
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Listed by: Elisabeth Cruz • Pivniska Real Estate Group
Mls Name: CRMLS
Mls ID: #LC25197327