3490 Cedar LnLake AlmanorCA96137
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
Investment Highlights
Rental property for sale in Lake Almanor at 3490 Cedar Ln, Lake Almanor, CA, 96137 generates $1,440/mo in rent, after a $2,687/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 7.06% in year one, and rental yield is 3.15% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 33.92% and total cumulative return in cash sums $61,268. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendi K Durkin • BERKSHIRE HATHAWAY HOMESERVICES LAKE ALMANOR RE
Mls Name: Plumas AOR
Mls ID: #20251025