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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Redding at 15314 La Paloma Way, Redding, CA, 96001 generates $2,633/mo in rent, after a $2,148/mo payment. Total monthly income is $2,633/mo. Return on cash invested sits at 18.58% in year one, and rental yield is 7.2% on a $438,900 entry. Equity gained on principal adds $2,832/yr, while 5% annual appreciation builds toward $121,260 over five years. Five-year ROI reaches 95.94% and total cumulative return in cash sums $139,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,633/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
2.24 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 |
|---|---|---|
| 2025-06-28 | Listing removed | $449,000 |
| 2025-05-27 | Price change | $449,000 |
| 2025-05-02 | Listed for sale | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-10 | N/A | N/A | $403,204 | 2.00% |
| 2024-10-10 | $4244.52 | 1.74% | $395,299 | 2.00% |
| 2023-10-10 | $4171.76 | 2.63% | $387,549 | 2.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
