11047 Wingfield Ln,Shasta,CA,96087

Investment Highlights

Investment property for sale in Shasta at 11047 Wingfield Ln, Shasta, CA, 96087 listed at $235,000 pairs $2,490/mo rent with a $1,150/mo payment to leave $1,030/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $12,358/yr on $77,903 cash to close. Return on cash invested measures 35.77% in year one, and rental yield registers 12.71% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 187.93% and total cumulative return in cash totals $146,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).