1400 Shasta WayBoulevardCA91905
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
Investment property for sale in Boulevard at 1400 Shasta Way, Boulevard, CA, 91905 offers a 8.5% rental yield on a $249,000 purchase with $1,764/mo rent. Total monthly income registers $1,764/mo, and a $1,219/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,680/yr on $82,544 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 120.3% and total cumulative return in cash at $99,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,764/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91905, Boulevard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 455 (55.7%) |
| Renter Occupied HU | 197 (24.1%) |
| Vacant Housing Units | 165 (20.2%) |
| Median Home Value | $360,246 |
| Average Home Value | $400,291 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
39
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Listed by: Theresa Decristoforo • Team One Realty
Mls Name: SDMLS
Mls ID: #250043072