2942 Lakeshore BlvdLakeportCA95453
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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
Total monthly income runs $2,150/mo, and a $1,904/mo payment. Purchase price stands at $389,000, and rental yield measures 6.63% with $2,150/mo rent. Return on cash invested shows 17.52% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 90.05% and total cumulative return in cash records $116,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,150/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95453, Lakeport, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,805 (100%) |
| Owner Occupied HU | 3,407 (58.7%) |
| Renter Occupied HU | 1,622 (27.9%) |
| Vacant Housing Units | 776 (13.4%) |
| Median Home Value | $452,743 |
| Average Home Value | $500,293 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,688
Multi-Family
262
Businesses
738
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Listed by: Racine Eich • RE/MAX Gold Lake County
Mls Name: CRMLS
Mls ID: #LC25240034