37384 Bailey AveBurneyCA96013
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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 Burney at 37384 Bailey Ave, Burney, CA, 96013 offers $2,214/mo rent that, after a $1,150/mo payment, leaves $760/mo cash flow. Total monthly income is $2,214/mo, and annual cash flow is $9,125/yr on $77,903 cash. Return on cash invested measures 31.62% in year one, and rental yield stands at 11.31% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 165.69% and total cumulative return in cash reaches $129,076. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,214/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 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: Kimberly M Songer • Coldwell Banker Intermountain Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2895
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.