687-920 Cedar 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 687-920 Cedar Way, Susanville, CA, 96130 uses $66,300 cash to close to unlock $22,500/yr annual cash flow and $1,875/mo monthly cash flow. Total monthly income runs $3,176/mo, and a $979/mo payment keeps the spread at $1,875/mo. Purchase price stands at $200,000, and rental yield measures 19.06% with $3,176/mo rent. Return on cash invested shows 53.85% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 285.22% and total cumulative return in cash records $189,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,176/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.27 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: #202300194
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.