3304 Shasta Way #173, Shasta Lake, CA, 96019 | $176/mo Cash Flow

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3304 Shasta Way #173, Shasta Lake, CA, 96019 | $176/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shasta Lake at 3304 Shasta Way #173, Shasta Lake, CA, 96019 listed at $109,900 pairs $856/mo rent with a $538/mo payment to leave $176/mo cash flow. Total monthly income runs $856/mo, and annual cash flow reaches $2,112/yr on $36,432 cash to close. Return on cash invested measures 25.71% in year one, and rental yield registers 9.35% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 134.07% and total cumulative return in cash totals $48,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $856/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1993

N/A lot

$N/A/sqft

No HOA

More details about the property

This is move in ready! Looks like new! 3 bedroom 2 bath split floor plan. Kitchen has beautiful granite counter tops . Breakfast bar. Bathrooms are also granite countertops. Nice laundry room off the kitchen. Open floor plan with dining, living room and kitchen. Big long carport. Covered front deck. Nice storage shed. This is a clean move in home! This park has walking trails, horse shoe pits, clubhouse and pool.

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