59911 State Highway 299, Douglas City, CA, 96024 | $1,495/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 59911 State Highway 299, Douglas City, CA, 96024 uses $69,284 cash to close to unlock $17,941/yr annual cash flow and $1,495/mo monthly cash flow. Total monthly income runs $2,903/mo, and a $1,023/mo payment keeps the spread at $1,495/mo. Purchase price stands at $209,000, and rental yield measures 16.67% with $2,903/mo rent. Return on cash invested shows 45.8% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 242.5% and total cumulative return in cash records $168,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,903/mo property income covering a $1,023/mo payment rather than investor’s personal income.

Manufactured

Built in 1989

3.91 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