687-960 Hemlock WaySusanvilleCA96130
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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
Investment property for sale in Susanville at 687-960 Hemlock Way, Susanville, CA, 96130 uses $42,764 cash to close to unlock $2,194/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,013/mo, and a $631/mo payment keeps the spread at $183/mo. Purchase price stands at $129,000, and rental yield measures 9.42% with $1,013/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 130.66% and total cumulative return in cash records $55,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,013/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1969
0.99 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
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Listed by: Sharon Schuster • SUSAN RIVER REALTY
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400336
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