40596 Old School RdFall River MillsCA96028








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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 Fall River Mills at 40596 Old School Rd, Fall River Mills, CA, 96028 listed at $480,000 pairs $3,193/mo rent with a $2,349/mo payment to leave $224/mo cash flow. Total monthly income runs $3,193/mo, and annual cash flow reaches $2,688/yr on $159,120 cash to close. Return on cash invested measures 21.6% in year one, and rental yield registers 7.98% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 111.88% and total cumulative return in cash totals $178,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,193/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96028, Fall River Mills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 802 (100%) |
| Owner Occupied HU | 463 (57.7%) |
| Renter Occupied HU | 169 (21.1%) |
| Vacant Housing Units | 170 (21.2%) |
| Median Home Value | $459,167 |
| Average Home Value | $493,731 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
324
Multi-Family
0
Businesses
71
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Nearby investment properties with comparable prices



Listed by: Scott Gallion • Fall River Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-3024
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.








