1198 Denton Way, Redding, CA, 96002 | $307/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 1198 Denton Way, Redding, CA, 96002 uses $142,214 cash to close to unlock $3,685/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $3,037/mo, and a $2,100/mo payment keeps the spread at $307/mo. Purchase price stands at $429,000, and rental yield measures 8.5% with $3,037/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 116.99% and total cumulative return in cash records $166,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,037/mo property income covering a $2,100/mo payment rather than investor’s personal income.

Single Family

Built in 1971

10,454 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