1047 Ledell Dr, Redding, CA, 96002 | $513/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Redding at 1047 Ledell Dr, Redding, CA, 96002 priced at $362,000 pairs $2,753/mo rent with $513/mo cash flow after a $1,772/mo payment. Total monthly income equals $2,753/mo, and annual cash flow comes to $6,161/yr on $120,003 invested. Return on cash invested is 25.04% in year one, and rental yield stands at 9.13% on a $362,000 basis. Equity gained on principal adds $2,336/yr, and 5% annual appreciation accumulates to $100,014 by year five. Five-year ROI measures 130.38% and total cumulative return in cash reaches $156,457. For financing, Ziffy Mortgage’s DSCR program evaluates $2,753/mo property income against a $1,772/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1966

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 96002, Redding, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,334 (100%)
Owner Occupied HU	7,929 (55.3%)
Renter Occupied HU	5,505 (38.4%)
Vacant Housing Units	900 ( 6.3%)
Median Home Value	$392,475
Average Home Value	$469,375