20450 Lakeview 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 20450 Lakeview Dr, Lakehead, CA, 96051 generates $1,985/mo in rent, after a $1,385/mo payment. Total monthly income is $1,985/mo. Return on cash invested sits at 19.11% in year one, and rental yield is 8.42% on a $283,000 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation builds toward $78,188 over five years. Five-year ROI reaches 99.94% and total cumulative return in cash sums $93,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,985/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.33 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: Neven L Spralja • RealHome Services & Solutions
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2359
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.