984 Chestnut StSusanvilleCA96130
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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 984 Chestnut St, Susanville, CA, 96130 offers a 9.81% rental yield on a $169,000 purchase with $1,381/mo rent. Total monthly income registers $1,381/mo, and a $827/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,476/yr on $56,024 to close, and return on cash invested stands at 26.11% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 136.48% and total cumulative return in cash at $76,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,381/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft 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: Andy Rupley • SMITH PROPERTIES
Mls Name: Lassen MLS
Mls Provider:
Mls ID: #202400349
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.