21415 Ponderosa WayMantonCA96059
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
Rental property for sale in Manton at 21415 Ponderosa Way, Manton, CA, 96059 generates $2,460/mo in rent and, after a $1,762/mo payment, leaves $203/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $2,432/yr on $119,340 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 8.2% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 113.87% and total cumulative return in cash sums $135,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96059, Manton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 327 (100%) |
| Owner Occupied HU | 206 (63.0%) |
| Renter Occupied HU | 56 (17.1%) |
| Vacant Housing Units | 65 (19.9%) |
| Median Home Value | $375,806 |
| Average Home Value | $407,197 |
Housing Distribution
Address Breakdown
Residential
234
Single Family
233
Multi-Family
1
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Kimberly Pedersen • Coldwell Banker Select Real Estate - Redding
Mls Name: SMLS
Mls Provider:
Mls ID: #25-3576
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.