21151 Ridge RoadCasselCA96016
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 Cassel at 21151 Ridge Road, Cassel, CA, 96016 listed at $1,250,000 pairs $2,351/mo rent with a $6,118/mo payment. Total monthly income runs $2,351/mo. Return on cash invested measures 4.42% in year one, and rental yield registers 2.26% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 19.71% and total cumulative return in cash totals $79,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,351/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
21.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96016, Cassel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 155 (53.1%) |
| Renter Occupied HU | 38 (13.0%) |
| Vacant Housing Units | 99 (33.9%) |
| Median Home Value | $543,605 |
| Average Home Value | $774,226 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
7
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Nearby investment properties with comparable prices
Listed by: Allison Cassity • Coldwell Banker Intermountain Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #25-2993
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.