








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 16297 Winsome Way, Redding, CA, 96001 generates $3,200/mo in rent and, after a $2,447/mo payment, leaves $10/mo in cash flow. Total monthly income is $3,200/mo, and annual cash flow is $123/yr on $165,717 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 7.68% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 103.51% and total cumulative return in cash sums $171,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
1.10 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 |
|---|---|---|
| 2024-12-09 | Price change | $499,900 |
| 2024-10-25 | Listed for sale | $515,000 |
| 2024-10-06 | Listing removed | $3,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4915.14 | 12.62% | $450,333 | 13.05% |
| 2023-02-13 | $4364.52 | 2.59% | $398,337 | 2.00% |
| 2022-02-13 | $4254.36 | 2.01% | $390,528 | 2.00% |



Listed by: Josh Barker • Josh Barker Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4573
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.