307 S Washington DrMount ShastaCA96067
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 307 S Washington Dr, Mount Shasta, CA, 96067 in Mount Shasta. At $495,000 it earns $3,503/mo in rent and distributes $425/mo to the owner after the $2,226/mo payment, a consistent 8.49% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $136,759 in value; $4,559/yr in principal paydown compounds ownership stake. Total projected return: $215,177.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $425 | $500 |
City averages based on Mount Shasta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,503 |
| Total Monthly Debt Service | $2,880 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.34 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
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
Single Family
Built in N/A
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Engstrom • Shasta Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #20250285
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.