13383 Kings Way, Redding, CA, 96003 | $119/mo Cash Flow

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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

Rental property for sale in Redding at 13383 Kings Way, Redding, CA, 96003 priced at $450,000 pairs $2,941/mo rent with $119/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,941/mo, and annual cash flow comes to $1,426/yr on $149,175 invested. Return on cash invested is 20.87% in year one, and rental yield stands at 7.84% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 108.07% and total cumulative return in cash reaches $161,214. For financing, Ziffy Mortgage’s DSCR program evaluates $2,941/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

2 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