7590 Hopeful PlShingletownCA96088
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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 7590 Hopeful Pl, Shingletown, CA, 96088 uses $155,772 cash to close to unlock $84/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $2,914/mo, and a $2,300/mo payment keeps the spread at $7/mo. Purchase price stands at $469,900, and rental yield measures 7.44% with $2,914/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 103.16% and total cumulative return in cash records $160,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2021
5 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: Shane Daily • Waterman Real Estate
Mls Name: SMLS
Mls ID: #25-4839