16322 Towerview 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
Investment property for sale in Redding at 16322 Towerview Cir, Redding, CA, 96001 earns $314/mo cash flow from $1,421/mo rent with a $876/mo payment. Total monthly income totals $1,421/mo, and annual cash flow totals $3,765/yr on $59,339 capital. ROI tracks 26.25% on current figures, and rental yield reads 9.53% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 136.87% and total cumulative return in cash sums $81,219. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,421/mo property income instead of your personal income.
Manufactured
Built in 1974
N/A 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: Doug Phelps • TREG INC - The Real Estate Group
Mls Name: SMLS
Mls ID: #25-424