687-600 Cedar WaySusanvilleCA96130
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Susanville rental at 687-600 Cedar Way, Susanville, CA, 96130 sits in the solid-income band: 11.68% gross yield, $1,256/mo rent, $458/mo net after the $573/mo debt service, DSCR 2.19. Entry price of $127,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $35,226 and $1,174/yr in principal reduction bring total cumulative return to $78,468.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.0% |
| Monthly Cash Flow | $458 | $250 |
City averages based on Susanville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,256 |
| Total Monthly Debt Service | $738 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1986
0.30 Acres 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
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
Manufactured
Built in 1986
0.30 Acres 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: Andy Rupley • SMITH PROPERTIES
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400208
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.