627 Shasta AveYrekaCA96097
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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
Investment property for sale in Yreka at 627 Shasta Ave, Yreka, CA, 96097 with 5% annual appreciation on a $298,500 basis while $2,972/mo rent supports operations. Total monthly income totals $2,972/mo and a $1,461/mo payment preserves $1,096/mo for cash returns. Annual cash flow comes to $13,150/yr on $98,953 deployed, and return on cash invested reaches 33.2% in year one. Equity gained on principal adds $1,926/yr, and five-year appreciation sums $82,470 alongside rental yield of 11.95%. Five-year ROI measures 174.23% and total cumulative return in cash totals $172,401.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,972/mo property income versus a $1,461/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96097, Yreka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,522 (52.6%) |
| Renter Occupied HU | 1,777 (37.0%) |
| Vacant Housing Units | 499 (10.4%) |
| Median Home Value | $340,155 |
| Average Home Value | $390,544 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,028
Multi-Family
552
Businesses
710
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Listed by: Donna Clair • Heritage Properties
Mls Name: SMLS
Mls Provider:
Mls ID: #20240924
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.