51 Steelhead CirLewistonCA96052
Nearby investment properties with comparable rents
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
Rental property for sale in Lewiston at 51 Steelhead Cir, Lewiston, CA, 96052 priced at $199,000 converts $1,451/mo rent into $220/mo cash flow after a $974/mo obligation. Total monthly income equals $1,451/mo, and annual cash flow totals $2,639/yr on $65,969 invested. Return on cash invested prints 23.91% in year one, and rental yield reads 8.75% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 124.29% and total cumulative return in cash sums $81,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,451/mo property income covering a $974/mo payment, not borrower’s personal income.
Manufactured
Built in 1973
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96052, Lewiston, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,039 (100%) |
| Owner Occupied HU | 575 (55.3%) |
| Renter Occupied HU | 157 (15.1%) |
| Vacant Housing Units | 307 (29.5%) |
| Median Home Value | $439,338 |
| Average Home Value | $537,713 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
124
Multi-Family
40
Businesses
45
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Listed by: Shannon Aikins • Big Valley Properties
Mls Name: HBMLS
Mls ID: #271087