3401 Vernon CtAndersonCA96007
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 Anderson at 3401 Vernon Ct, Anderson, CA, 96007 priced at $309,950 pairs $2,000/mo rent with $83/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,000/mo, and annual cash flow comes to $992/yr on $102,748 invested. Return on cash invested is 20.87% in year one, and rental yield stands at 7.74% on a $309,950 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,633 by year five. Five-year ROI measures 108.01% and total cumulative return in cash reaches $110,980. For financing, Ziffy Mortgage’s DSCR program evaluates $2,000/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96007, Anderson, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,217 (100%) |
| Owner Occupied HU | 6,266 (61.3%) |
| Renter Occupied HU | 3,249 (31.8%) |
| Vacant Housing Units | 702 ( 6.9%) |
| Median Home Value | $348,589 |
| Average Home Value | $403,285 |
Housing Distribution
Address Breakdown
Residential
9,771
Single Family
9,172
Multi-Family
599
Businesses
803
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Nearby investment properties with comparable prices
Listed by: Brittanie Baker • Marketplace Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3070
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.