3990 Howard AvenueClearlakeCA95422
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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 Clearlake at 3990 Howard Avenue, Clearlake, CA, 95422 listed at $289,000 pairs $1,931/mo rent with a $1,415/mo payment to leave $143/mo cash flow. Total monthly income runs $1,931/mo, and annual cash flow reaches $1,712/yr on $95,804 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 8.02% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 112.45% and total cumulative return in cash totals $107,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,931/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
6,098 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: Scott Cooper • Jason Mitchell Real Estate Ca.
Mls Name: BAREIS
Mls ID: #325060356