1066 Pine St, Redding, CA, 96001 | 4.51% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1066 Pine St, Redding, CA, 96001 | 4.51% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
- Bath
- sft

2487 Court St #1-12, Redding, CA, 96001

2 Bed
2 Bath
1319 sft

17557 Karin Ln, Anderson, CA, 96007

2 Bed
2 Bath
2044 sft

15028 Middletown Park Dr, Redding, CA, 96001

2 Bed
1 Bath
900 sft

16359 China Gulch Dr, Anderson, CA, 96007

Nearby investment properties with comparable prices

4 Bed
2 Bath
1845 sft

1422 Willis St, Redding, CA, 96001

4 Bed
2 Bath
1906 sft

8781 Simmons Rd, Redding, CA, 96001

3 Bed
2 Bath
1658 sft

9400 Placer Rd, Redding, CA, 96001

3 Bed
2 Bath
1658 sft

2268 Wicklow St, Redding, CA, 96001

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Redding at 1066 Pine St, Redding, CA, 96001 priced at $459,000 pairs $1,726/mo rent with after a $2,247/mo payment. Total monthly income equals $1,726/mo. Return on cash invested is 11.12% in year one, and rental yield stands at 4.51% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 55.76% and total cumulative return in cash reaches $84,839. For financing, Ziffy Mortgage’s DSCR program evaluates $1,726/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1904

4,792 sqft lot

$N/A/sqft

No HOA

More details about the property

Come see this newly renovated multi-unit property in the heart of downtown. The front house is a 2/1, boasting very tall ceilings and is renovated with new plumbing, electrical, tile shower, upgraded kitchen, fixtures and interior paint. The other two units are recently completely remodeled, one being a 1/1 with a bonus area, and the other being a 2/1. Both are 600 SF. Extensive exterior work has also been done with new exterior paint throughout. Come see this amazing investment opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 96001, Redding, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,105 (100%)
Owner Occupied HU	8,550 (56.6%)
Renter Occupied HU	5,530 (36.6%)
Vacant Housing Units	1,025 ( 6.8%)
Median Home Value	$413,774
Average Home Value	$471,891