40596 Wild Iris LnShaver LakeCA93664
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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
Rental property for sale in Shaver Lake at 40596 Wild Iris Ln, Shaver Lake, CA, 93664 generates $4,436/mo in rent, after a $7,097/mo payment. Total monthly income is $4,436/mo. Return on cash invested sits at 8.79% in year one, and rental yield is 3.67% on a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 43.11% and total cumulative return in cash sums $202,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,436/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93664, Shaver Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,495 (100%) |
| Owner Occupied HU | 253 (10.1%) |
| Renter Occupied HU | 64 ( 2.6%) |
| Vacant Housing Units | 2,178 (87.3%) |
| Median Home Value | $604,464 |
| Average Home Value | $642,065 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
68
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Listed by: Elizabeth M. Foran • Iron Key Real Estate
Mls Name: Fresno MLS
Mls ID: #629517