3538 Covelo St, Clearlake, CA 95422

2 bd · 2 ba · 1,400 sqft · built 1984 · Clearlake · MOBILE·source listing ↗

$139,000

rent, three ways

OnePercent model (vv1)$1,857/mo

p10–p90 confidence band

HUD Fair Market Rent · 95422 · 2BR$1,460/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lake

Flood risk indexVery High FEMA NRI

Median household income$42,241

Median area rent$1,251/mo

Median home value$217,000

the verdict

1.34%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$139,000

1.34% · rent $1,857

Intrinsic value · income approach

$266,158

48% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.