12656 Shalon DrReddingCA96003
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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
Investment Highlights
Investment property for sale in Redding at 12656 Shalon Dr, Redding, CA, 96003 listed at $319,900 pairs $3,011/mo rent with a $1,566/mo payment to leave $1,032/mo cash flow. Total monthly income runs $3,011/mo, and annual cash flow reaches $12,381/yr on $106,047 cash to close. Return on cash invested measures 31.58% in year one, and rental yield registers 11.29% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 165.43% and total cumulative return in cash totals $175,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,011/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96003, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,294 (100%) |
| Owner Occupied HU | 11,457 (56.5%) |
| Renter Occupied HU | 7,256 (35.8%) |
| Vacant Housing Units | 1,581 ( 7.8%) |
| Median Home Value | $394,556 |
| Average Home Value | $416,886 |
Housing Distribution
Address Breakdown
Residential
19,353
Single Family
18,298
Multi-Family
1,055
Businesses
957
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Listed by: Douglas Juenke • eXp Realty of California, Inc.
Mls Name: SMLS
Mls ID: #25-3421