3660 Buckeye StClearlakeCA95422
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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
Investment property for sale in Clearlake at 3660 Buckeye St, Clearlake, CA, 95422 uses $38,123 cash to close to unlock $16,690/yr annual cash flow and $1,391/mo monthly cash flow. Total monthly income runs $2,222/mo, and a $563/mo payment keeps the spread at $1,391/mo. Purchase price stands at $115,000, and rental yield measures 23.19% with $2,222/mo rent. Return on cash invested shows 63.69% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 339.01% and total cumulative return in cash records $129,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,222/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1964
4,791 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
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Listed by: Stan Brody • Alliance Bay Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41068613
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-08-14 15:13:01 PDT.