1137 Schilling WayMount 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 1137 Schilling Way, Mount Shasta, CA, 96067 offers $4,613/mo rent that, after a $2,932/mo payment, leaves $907/mo cash flow. Total monthly income is $4,613/mo, and annual cash flow is $10,887/yr on $197,071 cash. Return on cash invested measures 25.58% in year one, and rental yield stands at 9.24% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 133.26% and total cumulative return in cash reaches $262,618. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,613/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2 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: Kainoa Ferguson • CENTURY 21 ADVANTAGE
Mls Name: SMLS
Mls Provider:
Mls ID: #20240547
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.