518 Lakewood WaySusanvilleCA96130
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
Investment property for sale in Susanville at 518 Lakewood Way, Susanville, CA, 96130 at $199,000 posts ROI 25.47% with $306/mo cash flow from $1,537/mo rent. Total monthly income equals $1,537/mo, and annual cash flow records $3,671/yr on $65,969 to close. Return on cash invested measures 25.47% and rental yield reads 9.27% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 132.67% and total cumulative return in cash totals $87,522.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,537/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ISABELLA ANDERSON • SMITH PROPERTIES
Mls Name: Lassen MLS
Mls ID: #202500605