8699 Lake McCumber RdShingletownCA96088
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
Investment property for sale in Shingletown at 8699 Lake McCumber Rd, Shingletown, CA, 96088 at $159,000 posts ROI 37.16% with $758/mo cash flow from $1,748/mo rent. Total monthly income equals $1,748/mo, and annual cash flow records $9,093/yr on $52,709 to close. Return on cash invested measures 37.16% and rental yield reads 13.19% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 195.43% and total cumulative return in cash totals $103,008.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,748/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
1.15 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: Michelle H Dickson • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3226
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.