2077 Skyline DrReddingCA96001
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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
Investment Highlights
Rental property for sale in Redding at 2077 Skyline Dr, Redding, CA, 96001 priced at $314,900 pairs $2,362/mo rent with $414/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,362/mo, and annual cash flow comes to $4,971/yr on $104,389 invested. Return on cash invested is 24.67% in year one, and rental yield stands at 9% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 128.4% and total cumulative return in cash reaches $134,038. For financing, Ziffy Mortgage’s DSCR program evaluates $2,362/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
6,098 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 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Grace Anderson • Terence Davis & Associates
Mls Name: SMLS
Mls ID: #25-5393