






A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Redding at 15028 Middletown Park Dr, Redding, CA, 96001 offers a 8.56% rental yield on a $240,000 purchase with $1,712/mo rent. Total monthly income registers $1,712/mo, and a $1,175/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,208/yr on $79,560 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 117.95% and total cumulative return in cash at $93,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,712/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6.78 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 96001, Redding, CA area.
| 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 |
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Listed for sale | $240,000 |
| 2024-08-11 | Listing removed | N/A |
| 2024-06-18 | Listed for sale | $172,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2314.82 | 0.92% | $209,760 | 1.18% |
| 2023-02-13 | $2293.64 | 1.78% | $207,314 | 1.17% |
| 2022-02-13 | $2253.58 | 64.51% | $204,916 | 1.16% |



Listed by: Matthew Hansen • House of Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #25-460
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.