16160 Plateau CirReddingCA96001
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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
Investment Highlights
Rental property for sale in Redding at 16160 Plateau Cir, Redding, CA, 96001 offers $4,094/mo rent that, after a $2,589/mo payment, leaves $822/mo cash flow. Total monthly income is $4,094/mo, and annual cash flow is $9,860/yr on $174,041 cash. Return on cash invested measures 25.73% in year one, and rental yield stands at 9.29% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 134% and total cumulative return in cash reaches $233,213. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,094/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.20 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Rob Middleton • House of Realty
Mls Name: SMLS
Mls ID: #25-3632