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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Redding at 130 Masonic Ave, Redding, CA, 96003 generates $1,794/mo in rent, after a $4,204/mo payment. Total monthly income is $1,794/mo. Return on cash invested sits at 5.12% in year one, and rental yield is 2.51% on a $859,000 entry. Equity gained on principal adds $5,543/yr, while 5% annual appreciation builds toward $237,326 over five years. Five-year ROI reaches 23.48% and total cumulative return in cash sums $66,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Multi Family
Built in 1977
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 96003, Redding, CA area.
| 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 |
Residential
19,353
Single Family
18,298
Multi-Family
1,055
Businesses
957
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Price change | $859,000 |
| 2024-07-09 | Listed for sale | $895,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chris Haedrich • Capital Rivers Commercial
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2994
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
