21087 Hackett LnReddingCA96003
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 21087 Hackett Ln, Redding, CA, 96003 at $539,900 posts ROI 24.56% with $666/mo cash flow from $4,006/mo rent. Total monthly income equals $4,006/mo, and annual cash flow records $7,988/yr on $177,627 to close. Return on cash invested measures 24.56% and rental yield reads 8.9% at the current $539,900. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 by year five. Five-year ROI prints 127.73% and total cumulative return in cash totals $226,891.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,006/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
5 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: Shane Daily • eXp Realty of Northern California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-1637
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.