1874 Hartnell Ave, Redding, CA, 96002 | $655/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Redding at 1874 Hartnell Ave, Redding, CA, 96002 offers $1,902/mo rent that, after a $935/mo payment, leaves $655/mo cash flow. Total monthly income is $1,902/mo, and annual cash flow is $7,859/yr on $63,317 cash. Return on cash invested measures 32.32% in year one, and rental yield stands at 11.95% at a $191,000 entry. Equity gained on principal adds $1,232/yr while 5% annual appreciation compounds into $52,770 by year five. Five-year ROI records 169.86% and total cumulative return in cash reaches $107,546. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,902/mo property income versus a $935/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 96002, Redding, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,334 (100%)
Owner Occupied HU	7,929 (55.3%)
Renter Occupied HU	5,505 (38.4%)
Vacant Housing Units	900 ( 6.3%)
Median Home Value	$392,475
Average Home Value	$469,375