1608 Pine Grove DrMount 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
Investment property for sale in Mount Shasta at 1608 Pine Grove Dr, Mount Shasta, CA, 96067 uses $190,787 cash to close to unlock $4,848/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $3,991/mo, and a $2,838/mo payment keeps the spread at $404/mo. Purchase price stands at $579,900, and rental yield measures 8.26% with $3,991/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 117.23% and total cumulative return in cash records $223,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,991/mo property income covering a $2,838/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.40 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: Ryan Green • Exp Realty of California
Mls Name: SMLS
Mls ID: #20250800