3572 Sonoma WayClearlakeCA95422
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 Clearlake at 3572 Sonoma Way, Clearlake, CA, 95422 offers $1,636/mo rent that, after a $1,463/mo payment. Total monthly income is $1,636/mo. Return on cash invested measures 17.33% in year one, and rental yield stands at 6.57% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 88.99% and total cumulative return in cash reaches $88,210. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,636/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95422, Clearlake, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,743
Single Family
5,365
Multi-Family
378
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvette Sloan • NextHome Experiences
Mls Name: CRMLS
Mls ID: #LC25204316