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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% |
Investment property for sale in Redding at 16123 Plateau Cir, Redding, CA, 96001 offers a 6.75% rental yield on a $625,000 purchase with $3,514/mo rent. 7% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 91.1% and total cumulative return in cash at $187,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,514/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
1.41 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $625,000 |
| 2019-11-01 | Sold | $460,000 |
| 2019-09-10 | Price change | $467,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $5303.18 | 1.73% | $493,210 | 2.00% |
| 2023-05-01 | $5212.82 | 2.62% | $483,540 | 2.00% |
| 2022-05-01 | $5079.76 | 2.03% | $474,059 | 2.00% |
Listed by: Aimee Toso • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1864
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
