2051 Elizabeth AveShasta LakeCA96019
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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 Shasta Lake at 2051 Elizabeth Ave, Shasta Lake, CA, 96019 generates $1,408/mo in rent, after a $1,556/mo payment. Total monthly income is $1,408/mo. Return on cash invested sits at 13.55% in year one, and rental yield is 5.31% on a $317,900 entry. Equity gained on principal adds $2,051/yr, while 5% annual appreciation builds toward $87,830 over five years. Five-year ROI reaches 68.75% and total cumulative return in cash sums $72,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,408/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96019, Shasta Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,257 (100%) |
| Owner Occupied HU | 2,792 (65.6%) |
| Renter Occupied HU | 1,164 (27.3%) |
| Vacant Housing Units | 301 ( 7.1%) |
| Median Home Value | $285,167 |
| Average Home Value | $359,263 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,775
Multi-Family
98
Businesses
212
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Listed by: Karlee L Coleman • Shasta Sotheby's International Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #23-3199
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.