38127 Conard AveMineralCA96063
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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
Investment property for sale in Mineral at 38127 Conard Ave, Mineral, CA, 96063 uses $82,544 cash to close to unlock $4,312/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $1,219/mo payment keeps the spread at $359/mo. Purchase price stands at $249,000, and rental yield measures 9.16% with $1,900/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 130.88% and total cumulative return in cash records $108,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96063, Mineral, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
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Listed by: Lee Ann Hunt • Re/Max Top Properties
Mls Name: Tehama County AOR
Mls ID: #20250336
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.