6691 Reading Creek RdDouglas CityCA96024
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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
Investment property for sale in Douglas City at 6691 Reading Creek Rd, Douglas City, CA, 96024 listed at $1,378,000 pairs $3,424/mo rent with a $6,745/mo payment. Total monthly income runs $3,424/mo. Return on cash invested measures 6.66% in year one, and rental yield registers 2.98% at a $1,378,000 basis. Equity gained on principal adds $8,892/yr, and annual property appreciation at 5% supports $380,716 by year five. Five-year ROI tracks 31.7% and total cumulative return in cash totals $141,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,424/mo property income relative to a $6,745/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
160 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 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Drew Wahlund • Wahlund & Co. Realty Group
Mls Name: SMLS
Mls Provider:
Mls ID: #25-2259
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.