463-092 Lakecrest RdJanesvilleCA96114
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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 Janesville at 463-092 Lakecrest Rd, Janesville, CA, 96114 uses $102,434 cash to close to unlock $5,746/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $2,390/mo, and a $1,512/mo payment keeps the spread at $479/mo. Purchase price stands at $309,000, and rental yield measures 9.28% with $2,390/mo rent. Return on cash invested shows 25.52% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 132.92% and total cumulative return in cash records $136,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,390/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96114, Janesville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 1,032 (72.7%) |
| Renter Occupied HU | 195 (13.7%) |
| Vacant Housing Units | 192 (13.5%) |
| Median Home Value | $373,160 |
| Average Home Value | $399,889 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
36
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Listed by: Larry Smith • SMITH PROPERTIES
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400100
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.