40750 Mill Run LaneShaver 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 40750 Mill Run Lane, Shaver Lake, CA, 93664 priced at $320,000 converts $1,684/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,684/mo. Return on cash invested prints 7.52% in year one, and rental yield reads 6.31% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 39.67% and total cumulative return in cash sums $42,087. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1978
436 sqft lot
$N/A/sqft
$800 monthly 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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Nearby investment properties with comparable prices
Listed by: Hialys Sousa • Keller Williams Realty Tulare County
Mls Name: TCMLS
Mls Provider:
Mls ID: #235852
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.