676 Spring Canyon LnMyers FlatCA95554
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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
Rental property for sale in Myers Flat at 676 Spring Canyon Ln, Myers Flat, CA, 95554 offers $0/mo rent that, after a $1,708/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.48% in year one, and rental yield stands at 0% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95554, Myers Flat, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 314 (49.5%) |
| Renter Occupied HU | 144 (22.7%) |
| Vacant Housing Units | 176 (27.8%) |
| Median Home Value | $599,576 |
| Average Home Value | $641,481 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
13
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No similar rental properties found nearby.
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Listed by: Peyton Huddleson • Cornerstone Realty
Mls Name: HBMLS
Mls ID: #270100