200 Ridgetop Dr APT 26, Redding, CA, 96003 | 8.73% Rental Yield

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

Investment property for sale in Redding at 200 Ridgetop Dr APT 26, Redding, CA, 96003 listed at $275,000 pairs $2,000/mo rent with a $1,346/mo payment. Total monthly income runs $2,000/mo. Return on cash invested measures 17.38% in year one, and rental yield registers 8.73% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 91.6% and total cumulative return in cash totals $83,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,000/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

871.20 sqft lot

$N/A/sqft

$491 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 96003, Redding, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,294 (100%)
Owner Occupied HU	11,457 (56.5%)
Renter Occupied HU	7,256 (35.8%)
Vacant Housing Units	1,581 ( 7.8%)
Median Home Value	$394,556
Average Home Value	$416,886