42451 Caspar Little LakeMendocinoCA95460
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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 Mendocino at 42451 Caspar Little Lake, Mendocino, CA, 95460 offers a 4.68% rental yield on a $980,000 purchase with $3,822/mo rent. 72% in year one. Equity gained on principal adds $6,324/yr while 5% annual appreciation supports $270,756 over five years. Portfolio math shows five-year ROI at 58.9% and total cumulative return in cash at $189,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,822/mo property income against a $4,797/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95460, Mendocino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 735 (53.5%) |
| Renter Occupied HU | 260 (18.9%) |
| Vacant Housing Units | 380 (27.6%) |
| Median Home Value | $664,931 |
| Average Home Value | $796,020 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
274
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Listed by: Michelle Deering • Century 21 Fort Bragg Realty
Mls Name: CRMLS
Mls Provider:
Mls ID: #C1-10856