15380 Cross Creek DrShastaCA96087
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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 Shasta at 15380 Cross Creek Dr, Shasta, CA, 96087 uses $95,472 cash to close to unlock $10,200/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,410/mo payment keeps the spread at $850/mo. Purchase price stands at $288,000, and rental yield measures 10.97% with $2,632/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $79,569 over five years. Five-year ROI reaches 160.11% and total cumulative return in cash records $152,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,410/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.70 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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Listed by: Josh Barker • Josh Barker Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-2297
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.