400 Sulphur Bank Dr Space 24Clearlake OaksCA95423
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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
Rental property for sale in Clearlake Oaks at 400 Sulphur Bank Dr Space 24, Clearlake Oaks, CA, 95423 offers $2,450/mo rent that, after a $979/mo payment, leaves $1,213/mo cash flow. Total monthly income is $2,450/mo, and annual cash flow is $14,552/yr on $66,300 cash. Return on cash invested measures 41.86% in year one, and rental yield stands at 14.7% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 220.55% and total cumulative return in cash reaches $146,228. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,450/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
0.14 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95423, Clearlake Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,065 (100%) |
| Owner Occupied HU | 1,568 (51.2%) |
| Renter Occupied HU | 619 (20.2%) |
| Vacant Housing Units | 878 (28.6%) |
| Median Home Value | $333,099 |
| Average Home Value | $368,791 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
65
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Listed by: Cassie Pivniska • Pivniska Real Estate Group
Mls Name: CRMLS
Mls Provider:
Mls ID: #LC25026908