23204 Placid RdPalo CedroCA96073
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 23204 Placid Rd, Palo Cedro, CA, 96073 in Palo Cedro the bet is firmly on appreciation. Rental yield 4.21%. The 4.21% gross yield on a $870,000 price is below income-first thresholds, but 5%/yr value growth projects $240,365 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.78) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $179,977.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.0% |
| Monthly Cash Flow | $(2,330) | $1,500 |
City averages based on Palo Cedro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,052 |
| Total Monthly Debt Service | $5,036 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
5.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96073, Palo Cedro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,617 (83.7%) |
| Renter Occupied HU | 205 (10.6%) |
| Vacant Housing Units | 111 ( 5.7%) |
| Median Home Value | $561,115 |
| Average Home Value | $577,876 |
Housing Distribution
Address Breakdown
Residential
1,646
Single Family
1,642
Multi-Family
4
Businesses
290
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
Single Family
Built in 1977
5.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96073, Palo Cedro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,617 (83.7%) |
| Renter Occupied HU | 205 (10.6%) |
| Vacant Housing Units | 111 ( 5.7%) |
| Median Home Value | $561,115 |
| Average Home Value | $577,876 |
Housing Distribution
Address Breakdown
Residential
1,646
Single Family
1,642
Multi-Family
4
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Faith Barrett • Real Brokerage Technologies
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1706
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.