38082 State Highway 299 EBurneyCA96013
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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 38082 State Highway 299 E, Burney, CA, 96013 listed at $200,000 pairs $1,380/mo rent with a $979/mo payment to leave $143/mo cash flow. Total monthly income runs $1,380/mo, and annual cash flow reaches $1,712/yr on $66,300 cash to close. Return on cash invested measures 22.49% in year one, and rental yield registers 8.28% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 116.7% and total cumulative return in cash totals $77,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.29 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: Cory Halter • High Country Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-476
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.