16165 29th 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 16165 29th Ave, Clearlake, CA, 95422 offers a 13.89% rental yield on a $109,000 purchase with $1,262/mo rent. Total monthly income registers $1,262/mo, and a $534/mo payment leaves $587/mo available for distribution. Annual cash flow reaches $7,046/yr on $36,134 to close, and return on cash invested stands at 39.41% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 207.52% and total cumulative return in cash at $74,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,262/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1968
10,019 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: August Schmitt • August Schmitt Realty Solutions
Mls Name: CRMLS
Mls ID: #LC25253341