20 Lake StSierra CityCA96125
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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 Sierra City at 20 Lake St, Sierra City, CA, 96125 priced at $500,000 converts $2,626/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,626/mo. Return on cash invested prints 16.53% in year one, and rental yield reads 6.3% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 84.73% and total cumulative return in cash sums $140,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,626/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96125, Sierra City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 344 (100%) |
| Owner Occupied HU | 98 (28.5%) |
| Renter Occupied HU | 41 (11.9%) |
| Vacant Housing Units | 205 (59.6%) |
| Median Home Value | $428,571 |
| Average Home Value | $658,418 |
Housing Distribution
Address Breakdown
Residential
18
Single Family
18
Multi-Family
0
Businesses
24
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Listed by: Rebecca Mooers • RE/MAX Gold
Mls Name: MetroList Services of CA
Mls ID: #226010732