18260 Racoon DrLakeheadCA96051
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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 Lakehead at 18260 Racoon Dr, Lakehead, CA, 96051 priced at $465,000 converts $3,432/mo rent into $555/mo cash flow after a $2,276/mo obligation. Total monthly income equals $3,432/mo, and annual cash flow totals $6,664/yr on $154,148 invested. Return on cash invested prints 24.23% in year one, and rental yield reads 8.86% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 126.03% and total cumulative return in cash sums $194,267. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,432/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 1981
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96051, Lakehead, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 517 (49.2%) |
| Renter Occupied HU | 137 (13.0%) |
| Vacant Housing Units | 396 (37.7%) |
| Median Home Value | $443,182 |
| Average Home Value | $506,451 |
Housing Distribution
Address Breakdown
Residential
597
Single Family
597
Multi-Family
0
Businesses
39
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Listed by: Angela S Fadda • eXp Realty of Northern California, Inc.
Mls Name: SMLS
Mls ID: #25-5300