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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clearlake at 2841 Merced Ave, Clearlake, CA, 95422 priced at $100,000 pairs $0/mo rent with after a $489/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.47% in year one, and rental yield stands at 0% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 95422, Clearlake, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,385 (100%) |
| Owner Occupied HU | 3,856 (46.0%) |
| Renter Occupied HU | 2,825 (33.7%) |
| Vacant Housing Units | 1,704 (20.3%) |
| Median Home Value | $215,762 |
| Average Home Value | $288,917 |
Residential
5,743
Single Family
5,365
Multi-Family
378
Businesses
404
Date | Event | Price |
|---|---|---|
| 2024-03-16 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Clint Jackson • W Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #324013231
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.
