242 Lakewood DrBig BarCA96010
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.15% yield at 242 Lakewood Dr, Big Bar, CA, 96010 in Big Bar is solid, but the $1,012/mo payment compresses net cash flow to $136/mo at $225,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $62,163 by year five, and $2,072/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $94,080.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.0% |
| Monthly Cash Flow | $136 | $200 |
City averages based on Big Bar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,528 |
| Total Monthly Debt Service | $1,302 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1973
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96010, Big Bar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 101 (100%) |
| Owner Occupied HU | 49 (48.5%) |
| Renter Occupied HU | 21 (20.8%) |
| Vacant Housing Units | 31 (30.7%) |
| Median Home Value | $549,107 |
| Average Home Value | $517,092 |
Housing Distribution
Address Breakdown
Residential
3
Single Family
3
Multi-Family
0
Businesses
8
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
Manufactured
Built in 1973
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96010, Big Bar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 101 (100%) |
| Owner Occupied HU | 49 (48.5%) |
| Renter Occupied HU | 21 (20.8%) |
| Vacant Housing Units | 31 (30.7%) |
| Median Home Value | $549,107 |
| Average Home Value | $517,092 |
Housing Distribution
Address Breakdown
Residential
3
Single Family
3
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Aikins • Big Valley Properties
Mls Name: HBMLS
Mls ID: #271607