1635 Pleasant StReddingCA96001
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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 1635 Pleasant St, Redding, CA, 96001 offers a 8.48% rental yield on a $289,000 purchase with $2,042/mo rent. Total monthly income registers $2,042/mo, and a $1,415/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,044/yr on $95,804 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 119.87% and total cumulative return in cash at $114,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,042/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,662 sqft 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: Josiah P McElroy • Wahlund & Co. Realty Group
Mls Name: SMLS
Mls ID: #25-3196