20818 Fig Tree LnReddingCA96002
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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 20818 Fig Tree Ln, Redding, CA, 96002 generates $2,155/mo in rent and, after a $734/mo payment, leaves $1,227/mo in cash flow. Total monthly income is $2,155/mo, and annual cash flow is $14,727/yr on $49,725 invested. Return on cash invested sits at 49.53% in year one, and rental yield is 17.24% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 261.71% and total cumulative return in cash sums $130,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,155/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.50 Acres 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 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
12,914
Multi-Family
510
Businesses
1,722
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Listed by: Drew Wahlund • Wahlund & Co. Realty Group
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4613
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.