37061 Park AveBurneyCA96013
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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 Burney at 37061 Park Ave, Burney, CA, 96013 uses $88,676 cash to close to unlock $9,186/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $2,420/mo, and a $1,309/mo payment keeps the spread at $765/mo. Purchase price stands at $267,500, and rental yield measures 10.86% with $2,420/mo rent. Return on cash invested shows 30.27% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 158.41% and total cumulative return in cash records $140,468. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,420/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.40 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
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Listed by: Scott Gallion • Fall River Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1569
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.