59799 State Highway 299, Douglas City, CA, 96024 | $2,604/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Douglas City at 59799 State Highway 299, Douglas City, CA, 96024 uses $56,355 cash to close to unlock $31,253/yr annual cash flow and $2,604/mo monthly cash flow. Total monthly income runs $3,656/mo, and a $832/mo payment keeps the spread at $2,604/mo. Purchase price stands at $170,000, and rental yield measures 25.81% with $3,656/mo rent. Return on cash invested shows 75.37% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 400.25% and total cumulative return in cash records $225,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,656/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in 1959

1.67 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 96024, Douglas City, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	669 (100%)
Owner Occupied HU	357 (53.4%)
Renter Occupied HU	111 (16.6%)
Vacant Housing Units	201 (30.0%)
Median Home Value	$438,636
Average Home Value	$449,244