446-455 Honey Lake DrHerlongCA96113
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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 Herlong at 446-455 Honey Lake Dr, Herlong, CA, 96113 listed at $249,000 pairs $1,620/mo rent with a $1,219/mo payment to leave $79/mo cash flow. Total monthly income runs $1,620/mo, and annual cash flow reaches $952/yr on $82,544 cash to close. Return on cash invested measures 21.06% in year one, and rental yield registers 7.81% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 109.06% and total cumulative return in cash totals $90,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96113, Herlong, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 173 (42.9%) |
| Renter Occupied HU | 150 (37.2%) |
| Vacant Housing Units | 80 (19.9%) |
| Median Home Value | $185,357 |
| Average Home Value | $274,509 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
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Listed by: ISABELLA ANDERSON • SMITH PROPERTIES
Mls Name: Lassen MLS
Mls ID: #202500606