948 Black Canyon Rd, Shasta Lake, CA, 96019 | $1,383/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Shasta Lake at 948 Black Canyon Rd, Shasta Lake, CA, 96019 offers $3,361/mo rent that, after a $1,512/mo payment, leaves $1,383/mo cash flow. Total monthly income is $3,361/mo, and annual cash flow is $16,601/yr on $102,434 cash. Return on cash invested measures 36.12% in year one, and rental yield stands at 13.05% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 190.04% and total cumulative return in cash reaches $194,669. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,361/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

0.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 96019, Shasta Lake, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,257 (100%)
Owner Occupied HU	2,792 (65.6%)
Renter Occupied HU	1,164 (27.3%)
Vacant Housing Units	301 ( 7.1%)
Median Home Value	$285,167
Average Home Value	$359,263