3950 La Mesa AveShasta LakeCA96019
Nearby investment properties with comparable rents
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 Shasta Lake at 3950 La Mesa Ave, Shasta Lake, CA, 96019 at $265,880 posts ROI 26% with $448/mo cash flow from $2,198/mo rent. Total monthly income equals $2,198/mo, and annual cash flow records $5,372/yr on $88,139 to close. Return on cash invested measures 26% and rental yield reads 9.92% at the current $265,880. Equity gained on principal adds $1,716/yr, and 5% annual appreciation supports $73,458 by year five. Five-year ROI prints 136.06% and total cumulative return in cash totals $119,920.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,198/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96019, Shasta Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,257 (100%) |
| Owner Occupied HU | 2,792 (65.6%) |
| Renter Occupied HU | 1,164 (27.3%) |
| Vacant Housing Units | 301 ( 7.1%) |
| Median Home Value | $285,167 |
| Average Home Value | $359,263 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,775
Multi-Family
98
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roger H Medford • Banner Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4484
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.