688-040 Lake View DrSusanvilleCA96130
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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 688-040 Lake View Dr, Susanville, CA, 96130 offers a 10.81% rental yield on a $269,000 purchase with $2,423/mo rent. Total monthly income registers $2,423/mo, and a $1,317/mo payment leaves $759/mo available for distribution. Annual cash flow reaches $9,102/yr on $89,174 to close, and return on cash invested stands at 30.12% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 157.59% and total cumulative return in cash at $140,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,423/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.45 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: Sue Cenotti • GOLD RUN REALTY
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400491
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.