1108 Ream AveMount ShastaCA96067
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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
Rental property for sale in Mount Shasta at 1108 Ream Ave, Mount Shasta, CA, 96067 priced at $579,900 converts $3,649/mo rent into $62/mo cash flow after a $2,838/mo obligation. Total monthly income equals $3,649/mo, and annual cash flow totals $744/yr on $190,787 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 7.55% against a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation compiles into $160,216 by year five. Five-year ROI reaches 105.7% and total cumulative return in cash sums $201,661. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,649/mo property income covering a $2,838/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96067, Mount Shasta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,038 (100%) |
| Owner Occupied HU | 2,290 (56.7%) |
| Renter Occupied HU | 1,102 (27.3%) |
| Vacant Housing Units | 646 (16.0%) |
| Median Home Value | $443,333 |
| Average Home Value | $504,157 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,472
Multi-Family
212
Businesses
574
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Listed by: Sandra Haugen • Elite Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #20250429
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.