10804 Granite DrShastaCA96087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Shasta at 10804 Granite Dr, Shasta, CA, 96087 priced at $115,000 converts $1,501/mo rent into $789/mo cash flow after a $563/mo obligation. Total monthly income equals $1,501/mo, and annual cash flow totals $9,472/yr on $38,123 invested. Return on cash invested prints 44.76% in year one, and rental yield reads 15.66% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 236.17% and total cumulative return in cash sums $90,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,501/mo property income covering a $563/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96087, Shasta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 225 (100%) |
| Owner Occupied HU | 165 (73.3%) |
| Renter Occupied HU | 40 (17.8%) |
| Vacant Housing Units | 20 ( 8.9%) |
| Median Home Value | $477,273 |
| Average Home Value | $525,061 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
32
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Nearby investment properties with comparable prices
Listed by: Tyler Clifford • Clifford Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2369
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.