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5610 Hale Ave
Single Family Cash-flow positiveWithin your budget

5610 Hale Ave

5610 Hale Ave, Clearlake, CA

3 beds 2 baths 1,286 sqft

Two homes, one property! Discover a unique investment opportunity featuring two separate residences on a spacious a 0.32-acre lot. The main manufactured home offers 3 bedrooms, 1.5 bathrooms, and 1,286 sq ft of living space. In addition, a two-story ADU provides 2 bedrooms, 1 bathroom, and approximately 700 sq ft of additional living space. With two separate living spaces, the possibilities are endless! Live in one residence while renting out the other, accommodate extended family, or rent both properties for the potential to generate multiple streams of rental income. Whether you're looking for an investment opportunity or a property with room for everyone, this unique setup offers flexibility, versatility, and plenty of potential!

List price

$159,000

Est. monthly rent

$1,800

DSCR1.49×

Lender minimum: 1.25×

Monthly cash flow

$410

Cash-on-cash return

10.32%

Down payment (25%)$39,750
Closing costs (5%)$7,950
Total cash needed$47,700
Loan amount (75%)$119,250
Monthly mortgage (7.50%, 30yr)$834
Annual property taxes$1,988
Insurance, vacancy, mgmt.$4,683
Net operating income (yr)$14,929
Gross yield13.58%

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DSCR Property Finder is not a lender and does not make loans or credit decisions. We are an informational platform that helps real-estate investors evaluate properties and connect with independent DSCR lenders. All loan terms, interest rates, down-payment requirements, and approvals are determined solely by the lender. Figures shown on this site are estimates for illustration only and are not a commitment to lend. When you request pre-approval, we will connect you with a licensed lender who will contact you directly to start the process. Consult a licensed lender for actual terms.