1426 Riviera DrReddingCA96001
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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 1426 Riviera Dr, Redding, CA, 96001 earns $1,190/mo cash flow from $2,767/mo rent with a $1,248/mo payment. Total monthly income totals $2,767/mo, and annual cash flow totals $14,275/yr on $84,533 capital. ROI tracks 36.8% on current figures, and rental yield reads 13.02% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 193.41% and total cumulative return in cash sums $163,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,767/mo property income instead of your personal income.
Single Family
Built in 1957
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96001, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 8,550 (56.6%) |
| Renter Occupied HU | 5,530 (36.6%) |
| Vacant Housing Units | 1,025 ( 6.8%) |
| Median Home Value | $413,774 |
| Average Home Value | $471,891 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Jennifer L Jackson • TREG INC - The Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3657
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.