35344 Philippian WayShingletownCA96088
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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
Investment property for sale in Shingletown at 35344 Philippian Way, Shingletown, CA, 96088 offers a 8.66% rental yield on a $299,000 purchase with $2,158/mo rent. Total monthly income registers $2,158/mo, and a $1,463/mo payment leaves $309/mo available for distribution. Annual cash flow reaches $3,705/yr on $99,119 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 122.89% and total cumulative return in cash at $121,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,158/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
2.13 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: Karyn Lamb • Majka Real Estate, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-1435
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.