1048 Franklin StRed BluffCA96080
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1048 Franklin St, Red Bluff, CA, 96080 in Red Bluff at $230,000 earns $1,472/mo in rent and nets $50/mo after the $1,034/mo payment, a 7.68% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $63,545 over five years. Ziffy Mortgage underwrites this on a 1.42 DSCR without U.S. credit history. With $2,118/yr in principal paydown, total projected return reaches $90,394.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.0% |
| Monthly Cash Flow | $50 | $300 |
City averages based on Red Bluff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,472 |
| Total Monthly Debt Service | $1,331 |
| DSCR Ratio | 1.11x |
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 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96080, Red Bluff, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,765 (100%) |
| Owner Occupied HU | 7,291 (57.1%) |
| Renter Occupied HU | 4,534 (35.5%) |
| Vacant Housing Units | 940 ( 7.4%) |
| Median Home Value | $388,765 |
| Average Home Value | $420,796 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
11,325
Multi-Family
1,083
Businesses
1,157
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 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96080, Red Bluff, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,765 (100%) |
| Owner Occupied HU | 7,291 (57.1%) |
| Renter Occupied HU | 4,534 (35.5%) |
| Vacant Housing Units | 940 ( 7.4%) |
| Median Home Value | $388,765 |
| Average Home Value | $420,796 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
11,325
Multi-Family
1,083
Businesses
1,157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward J Lenzer • eXp Realty of California, Inc.
Mls Name: SMLS
Mls ID: #25-2006