15189 La Paloma Way, Redding, CA, 96001 | 4.6% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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15189 La Paloma Way, Redding, CA, 96001 | 4.6% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in Redding at 15189 La Paloma Way, Redding, CA, 96001 earns from $2,968/mo rent with a $3,793/mo payment. Total monthly income totals $2,968/mo. ROI tracks 11.47% on current figures, and rental yield reads 4.6% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 57.52% and total cumulative return in cash sums $146,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,968/mo property income instead of your personal income.

Single Family

Built in 1988

3.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Experience elevated living in this exquisite westside residence, where breathtaking canyon views set the stage for a lifestyle of elegance and relaxation. This thoughtfully designed home offers 4 bedrooms, 2 bathrooms, a full basement, and a private office, blending sophistication with comfort. The outdoor spaces are a true sanctuaryunwind beside the sparkling pool, perfect your short game on your very own golf putting green, and savor serene sunsets over the canyon. Indoors, refined living spaces showcase timeless design and abundant natural light, creating a warm yet upscale atmosphere. With solar panels providing energy efficiency and a seamless integration of luxury and practicality, this property is more than a homeit's a lifestyle. Discover your private retreat, designed for those who appreciate beauty, privacy, and comfort at the highest level.

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