38264 Alpine 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
Rental property for sale in Mineral at 38264 Alpine Ave, Mineral, CA, 96063 priced at $269,000 converts $2,176/mo rent into $512/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,176/mo, and annual cash flow totals $6,138/yr on $89,174 invested. Return on cash invested prints 26.79% in year one, and rental yield reads 9.71% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 139.78% and total cumulative return in cash sums $124,643. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1969
8,712 sqft 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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Nearby investment properties with comparable prices
Listed by: Mark Nelson • Nelson and Nelson
Mls Name: Tehama County AOR
Mls Provider:
Mls ID: #20240390
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.