37023 Park AveBurneyCA96013
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
Investment property for sale in Burney at 37023 Park Ave, Burney, CA, 96013 listed at $329,000 pairs $2,683/mo rent with a $1,610/mo payment to leave $648/mo cash flow. Total monthly income runs $2,683/mo, and annual cash flow reaches $7,776/yr on $109,064 cash to close. Return on cash invested measures 27.04% in year one, and rental yield registers 9.79% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 141.12% and total cumulative return in cash totals $153,909. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,683/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96013, Burney, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,125 (55.5%) |
| Renter Occupied HU | 592 (29.2%) |
| Vacant Housing Units | 311 (15.3%) |
| Median Home Value | $293,889 |
| Average Home Value | $369,151 |
Housing Distribution
Address Breakdown
Residential
1,605
Single Family
1,605
Multi-Family
0
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Bourne • Century 21 Hilltop
Mls Name: SMLS
Mls ID: #25-2648