7242 Shasta Forest DrShingletownCA96088
Nearby investment properties with comparable rents
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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 Shingletown at 7242 Shasta Forest Dr, Shingletown, CA, 96088 earns $67/mo cash flow from $3,767/mo rent with a $2,883/mo payment. Total monthly income totals $3,767/mo, and annual cash flow totals $801/yr on $193,781 capital. ROI tracks 20.47% on current figures, and rental yield reads 7.67% at a $589,000 purchase. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 over five years. Five-year ROI reaches 105.96% and total cumulative return in cash sums $205,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,767/mo property income instead of your personal income.
Single Family
Built in 1979
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96088, Shingletown, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 1,862 (67.1%) |
| Renter Occupied HU | 323 (11.6%) |
| Vacant Housing Units | 589 (21.2%) |
| Median Home Value | $422,076 |
| Average Home Value | $450,231 |
Housing Distribution
Address Breakdown
Residential
2,229
Single Family
2,227
Multi-Family
2
Businesses
71
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Listed by: Kimberly Pedersen • Coldwell Banker C&C Properties
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3635
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.