16640 Penner DrRed BluffCA96080








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 Red Bluff at 16640 Penner Dr, Red Bluff, CA, 96080 offers a 10.02% rental yield on a $225,000 purchase with $1,878/mo rent. Total monthly income registers $1,878/mo, and a $1,101/mo payment leaves $486/mo available for distribution. Annual cash flow reaches $5,836/yr on $74,588 to close, and return on cash invested stands at 27.73% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 144.84% and total cumulative return in cash at $108,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,878/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
39.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96080, Red Bluff, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,765 (100%) |
| Owner Occupied HU | 7,291 (57.1%) |
| Renter Occupied HU | 4,534 (35.5%) |
| Vacant Housing Units | 940 ( 7.4%) |
| Median Home Value | $388,765 |
| Average Home Value | $420,796 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
11,325
Multi-Family
1,083
Businesses
1,157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Ben Gipson • Gipson Realty, Inc.
Mls Name: Tehama County AOR
Mls Provider:
Mls ID: #20240488
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.







