16679 Thompson Ln, Redding, CA, 96001 | $243/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

16679 Thompson Ln, Redding, CA, 96001 | $243/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1508 sft

3500 Cox Rd, Cottonwood, CA, 96022

2 Bed
3 Bath
1850 sft

8900 Horse Canyon Way, Igo, CA, 96047

3 Bed
3 Bath
1559 sft

16433 China Gulch Dr, Anderson, CA, 96007

3 Bed
2 Bath
1440 sft

16286 Dangail Ln, Anderson, CA, 96007

Nearby investment properties with comparable prices

3 Bed
2 Bath
1222 sft

6400 Dale Ln, Anderson, CA, 96007

3 Bed
2 Bath
1808 sft

15833 Tadpole Creek Ln, Redding, CA, 96001

3 Bed
2 Bath
1120 sft

3390 Carriage Ln, Cottonwood, CA, 96022

2 Bed
2 Bath
1861 sft

8933 Simmons Rd, Redding, CA, 96001

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Redding at 16679 Thompson Ln, Redding, CA, 96001 offers a 8.78% rental yield on a $335,000 purchase with $2,450/mo rent. Total monthly income registers $2,450/mo, and a $1,640/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,919/yr on $111,053 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 117.49% and total cumulative return in cash at $130,472. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,450/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

1.07 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy COUNTRY living just minutes from town with this updated home featuring a sparkling POOL, fruit trees, seasonal creek, and VIEWS of Mt. Lassen. Recent upgrades include a new metal roof (11/24), LVP flooring, dual pane windows, and a remodeled bathroom. The spacious main suite opens to the pool, with a bonus half bath outside perfect for entertaining. Nearly 900 sq. ft. garage with workshop, covered carport, irrigation for gardening, and room for 4H projects. Close to Grant School!...Seller in the process of reinstalling the previous existing wall for 3rd bedroom.

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