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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 1610 Wisconsin Ave, Redding, CA, 96001 generates $3,822/mo in rent and, after a $1,835/mo payment, leaves $1,471/mo in cash flow. Total monthly income is $3,822/mo, and annual cash flow is $17,656/yr on $124,313 invested. Return on cash invested sits at 34.11% in year one, and rental yield is 12.23% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 179.13% and total cumulative return in cash sums $222,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,822/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
8,276 sqft 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 |
|---|---|---|
| 2024-08-23 | Listed for sale | $375,000 |
| 2004-03-24 | Sold | $225,000 |
| 2001-03-29 | Sold | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-29 | N/A | N/A | $313,611 | 2.00% |
| 2023-08-29 | $3187.78 | 1.76% | $307,463 | 2.00% |
| 2022-08-29 | $3132.78 | 0.52% | $301,435 | 2.00% |
Listed by: Cory Meyer • eXp Realty of Northern California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3629
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
