7899 Elmers WayShingletownCA96088
Nearby investment properties with comparable rents
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
Rental property for sale in Shingletown at 7899 Elmers Way, Shingletown, CA, 96088 offers $3,504/mo rent that, after a $4,381/mo payment. Total monthly income is $3,504/mo. Return on cash invested measures 11.55% in year one, and rental yield stands at 4.7% at a $895,000 entry. Equity gained on principal adds $5,775/yr while 5% annual appreciation compounds into $247,272 by year five. Five-year ROI records 58.08% and total cumulative return in cash reaches $171,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,504/mo property income versus a $4,381/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
156.90 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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Nearby investment properties with comparable prices
Listed by: Christina Lasater • Relevant Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.