1140 Bond St, Redding, CA, 96002 | $325/mo Cash Flow

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NMLS #2625701

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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

Investment property for sale in Redding at 1140 Bond St, Redding, CA, 96002 with 5% annual appreciation on a $365,000 basis while $2,582/mo rent supports operations. Total monthly income totals $2,582/mo and a $1,786/mo payment preserves $325/mo for cash returns. Annual cash flow comes to $3,894/yr on $120,998 deployed, and return on cash invested reaches 23.13% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 8.49%. Five-year ROI measures 120.11% and total cumulative return in cash totals $145,327.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,582/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1966

8,429 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