3238 Big Springs RdLake AlmanorCA96137
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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
Investment property for sale in Lake Almanor at 3238 Big Springs Rd, Lake Almanor, CA, 96137 listed at $1,749,000 pairs $3,079/mo rent with a $8,560/mo payment. Total monthly income runs $3,079/mo. Return on cash invested measures 3.98% in year one, and rental yield registers 2.11% at a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and annual property appreciation at 5% supports $483,216 by year five. Five-year ROI tracks 17.31% and total cumulative return in cash totals $98,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,079/mo property income relative to a $8,560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96137, Westwood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 759 (24.2%) |
| Renter Occupied HU | 147 ( 4.7%) |
| Vacant Housing Units | 2,228 (71.1%) |
| Median Home Value | $515,681 |
| Average Home Value | $581,663 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,298
Multi-Family
137
Businesses
121
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Listed by: Wendi K Durkin • BERKSHIRE HATHAWAY HOMESERVICES LAKE ALMANOR RE
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20240988
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