1456 Magnolia Ave #A & B, Redding, CA, 96001 | $1,210/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1250 sft

2325 Ashby Rd, Shasta Lake, CA, 96019

3 Bed
2 Bath
1304 sft

1567 Trumpet Dr, Redding, CA, 96003

3 Bed
2 Bath
1370 sft

3482 Timbercreek Dr, Redding, CA, 96002

3 Bed
2 Bath
1200 sft

4215 Oro St, Redding, CA, 96001

Nearby investment properties with comparable prices

3 Bed
2 Bath
960 sft

3349 Willow St, Cottonwood, CA, 96022

2 Bed
1 Bath
964 sft

2820 Alfreda Way, Redding, CA, 96002

3 Bed
1 Bath
936 sft

1649 Lake Blvd, Redding, CA, 96003

3 Bed
1 Bath
1086 sft

3252 Daisy St, Anderson, CA, 96007

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Redding at 1456 Magnolia Ave #A & B, Redding, CA, 96001 listed at $269,900 pairs $2,880/mo rent with a $1,321/mo payment to leave $1,210/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $14,525/yr on $89,472 cash to close. Return on cash invested measures 36.14% in year one, and rental yield registers 12.8% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 189.92% and total cumulative return in cash totals $169,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1930

N/A 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