2060 Cabello StShasta 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 2060 Cabello St, Shasta Lake, CA, 96019 offers $2,194/mo rent that, after a $1,463/mo payment, leaves $345/mo cash flow. Total monthly income is $2,194/mo, and annual cash flow is $4,137/yr on $99,119 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 8.81% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 125.23% and total cumulative return in cash reaches $124,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,194/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.35 Acres 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: Clint Cronic • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4289
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.