700-415 Richmond RdSusanvilleCA96130
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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 700-415 Richmond Rd, Susanville, CA, 96130 offers a 9% rental yield on a $395,000 purchase with $2,963/mo rent. Total monthly income registers $2,963/mo, and a $1,933/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,237/yr on $130,943 to close, and return on cash invested stands at 24.67% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 128.38% and total cumulative return in cash at $168,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,963/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.79 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: Kianna Williams • SIERRA DESERT PROPERTIES
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400098
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.