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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% |
Rental property for sale in Redding at 16439 Plateau Cir, Redding, CA, 96001 generates $3,488/mo in rent, after a $2,708/mo payment. Total monthly income is $3,488/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 7.57% on a $553,200 entry. Equity gained on principal adds $3,570/yr, while 5% annual appreciation builds toward $152,839 over five years. Five-year ROI reaches 100.07% and total cumulative return in cash sums $182,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
2.33 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 |
|---|---|---|
| 2025-04-29 | Listing removed | $569,000 |
| 2025-02-27 | Price change | $569,000 |
| 2024-11-12 | Listed for sale | $579,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-16 | $6281.06 | 1.70% | $576,619 | 2.00% |
| 2023-06-16 | $6175.96 | 8.26% | $565,313 | 7.68% |
| 2022-06-16 | $5704.86 | 9.32% | $525,000 | 9.38% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
