19340 Wells WayLakeheadCA96051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 19340 Wells Way, Lakehead, CA, 96051 priced at $130,000 converts $1,680/mo rent into $876/mo cash flow after a $636/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $10,513/yr on $43,095 invested. Return on cash invested prints 44.3% in year one, and rental yield reads 15.51% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 233.8% and total cumulative return in cash sums $100,755. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
0.80 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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Nearby investment properties with comparable prices
Listed by: Tony Hord • Better Homes Gardens Real Estate - Results
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3097
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