20027 NE Sunrise DrReddingCA96003
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 Redding at 20027 NE Sunrise Dr, Redding, CA, 96003 earns $500/mo cash flow from $1,761/mo rent with a $998/mo payment. Total monthly income totals $1,761/mo, and annual cash flow totals $5,994/yr on $67,626 capital. ROI tracks 28.77% on current figures, and rental yield reads 10.36% at a $204,000 purchase. Equity gained on principal adds $1,316/yr, and 5% annual appreciation supports $56,361 over five years. Five-year ROI reaches 150.39% and total cumulative return in cash sums $101,704. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,761/mo property income instead of your personal income.
Manufactured
Built in 1975
1.50 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
19,353
Single Family
18,298
Multi-Family
1,055
Businesses
957
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle H Dickson • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1002
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.