1800 S Main St UNIT 59LakeportCA95453
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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 Lakeport at 1800 S Main St UNIT 59, Lakeport, CA, 95453 offers a 9.34% rental yield on a $149,888 purchase with $1,167/mo rent. Total monthly income registers $1,167/mo, and a $734/mo payment leaves $239/mo available for distribution. Annual cash flow reaches $2,873/yr on $49,688 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,411 over five years. Portfolio math shows five-year ROI at 133.91% and total cumulative return in cash at $66,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,167/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95453, Lakeport, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,805 (100%) |
| Owner Occupied HU | 3,407 (58.7%) |
| Renter Occupied HU | 1,622 (27.9%) |
| Vacant Housing Units | 776 (13.4%) |
| Median Home Value | $452,743 |
| Average Home Value | $500,293 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,688
Multi-Family
262
Businesses
738
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Listed by: Diane K. Guzman • RE/MAX Gold Lake County
Mls Name: CRMLS
Mls ID: #LC25143525