2040 Wisconsin Ave, Redding, CA, 96001 | $1,879/mo Cash Flow

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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 2040 Wisconsin Ave, Redding, CA, 96001 uses $128,456 cash to close to unlock $22,552/yr annual cash flow and $1,879/mo monthly cash flow. Total monthly income runs $4,294/mo, and a $1,897/mo payment keeps the spread at $1,879/mo. Purchase price stands at $387,500, and rental yield measures 13.3% with $4,294/mo rent. Return on cash invested shows 37.47% in year one, and 5% annual appreciation builds toward $107,059 over five years. Five-year ROI reaches 197.06% and total cumulative return in cash records $253,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,294/mo property income covering a $1,897/mo payment rather than investor’s personal income.

Single Family

Built in 1977

9,147 sqft lot

$N/A/sqft

No HOA

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