614 Shasta WayMount ShastaCA96067
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
Investment Highlights
Investment property for sale in Mount Shasta at 614 Shasta Way, Mount Shasta, CA, 96067 listed at $1,295,000 pairs $6,330/mo rent with a $6,338/mo payment. Total monthly income runs $6,330/mo. Return on cash invested measures 15.56% in year one, and rental yield registers 5.87% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 79.44% and total cumulative return in cash totals $333,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,330/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.22 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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Nearby investment properties with comparable prices
Listed by: Josiah P McElroy • Wahlund & Co. Realty Group
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2639
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.