465 N Spring StSusanvilleCA96130
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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 Susanville at 465 N Spring St, Susanville, CA, 96130 priced at $285,000 pairs $2,336/mo rent with $573/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,336/mo, and annual cash flow comes to $6,874/yr on $94,478 invested. Return on cash invested is 27.19% in year one, and rental yield stands at 9.84% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 141.86% and total cumulative return in cash reaches $134,022. For financing, Ziffy Mortgage’s DSCR program evaluates $2,336/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96130, Susanville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,411 (100%) |
| Owner Occupied HU | 4,162 (49.5%) |
| Renter Occupied HU | 2,523 (30.0%) |
| Vacant Housing Units | 1,726 (20.5%) |
| Median Home Value | $279,370 |
| Average Home Value | $320,101 |
Housing Distribution
Address Breakdown
Residential
6,059
Single Family
5,737
Multi-Family
322
Businesses
544
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Listed by: SHAUN HEARD • SUSANVILLE REAL ESTATE
Mls Name: Lassen MLS
Mls ID: #202400440