32888 Velvet Rye CourtShingletownCA96088
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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 Shingletown at 32888 Velvet Rye Court, Shingletown, CA, 96088 priced at $487,000 converts $3,178/mo rent into $165/mo cash flow after a $2,384/mo obligation. Total monthly income equals $3,178/mo, and annual cash flow totals $1,979/yr on $161,441 invested. Return on cash invested prints 21.14% in year one, and rental yield reads 7.83% against a $487,000 entry. Equity gained on principal adds $3,143/yr, while 5% annual appreciation compiles into $134,549 by year five. Five-year ROI reaches 109.4% and total cumulative return in cash sums $176,622. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,178/mo property income covering a $2,384/mo payment, not borrower’s personal income.
Single Family
Built in 2023
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96088, Shingletown, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 1,862 (67.1%) |
| Renter Occupied HU | 323 (11.6%) |
| Vacant Housing Units | 589 (21.2%) |
| Median Home Value | $422,076 |
| Average Home Value | $450,231 |
Housing Distribution
Address Breakdown
Residential
2,229
Single Family
2,227
Multi-Family
2
Businesses
71
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Listed by: Kathy Grant • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #325037407
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.