2 Snow SlideShaver LakeCA93664
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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
Rental property for sale in Shaver Lake at 2 Snow Slide, Shaver Lake, CA, 93664 priced at $229,000 converts $2,960/mo rent into $1,543/mo cash flow after a $1,121/mo obligation. Total monthly income equals $2,960/mo, and annual cash flow totals $18,518/yr on $75,914 invested. Return on cash invested prints 44.3% in year one, and rental yield reads 15.51% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 233.72% and total cumulative return in cash sums $177,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,960/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93664, Shaver Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,495 (100%) |
| Owner Occupied HU | 253 (10.1%) |
| Renter Occupied HU | 64 ( 2.6%) |
| Vacant Housing Units | 2,178 (87.3%) |
| Median Home Value | $604,464 |
| Average Home Value | $642,065 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
68
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Listed by: Cathy Lauritzen • Pinnacle Real Estate of Shaver
Mls Name: Fresno MLS
Mls ID: #628884