4461 Risstay WayShasta 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
Rental property for sale in Shasta Lake at 4461 Risstay Way, Shasta Lake, CA, 96019 priced at $575,000 converts $3,370/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,370/mo. Return on cash invested prints 18.88% in year one, and rental yield reads 7.03% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 97.27% and total cumulative return in cash sums $184,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,370/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10,454 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: Drew Wahlund • Wahlund & Co. Realty Group
Mls Name: SMLS
Mls ID: #25-1109