2163 Grape Ave, Redding, CA, 96001 | $155/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2163 Grape Ave, Redding, CA, 96001 | $155/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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 2163 Grape Ave, Redding, CA, 96001 listed at $265,000 pairs $1,794/mo rent with a $1,297/mo payment to leave $155/mo cash flow. Total monthly income runs $1,794/mo, and annual cash flow reaches $1,856/yr on $87,848 cash to close. Return on cash invested measures 22.02% in year one, and rental yield registers 8.12% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 114.19% and total cumulative return in cash totals $100,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,794/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1937

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained bungalow in the highly sought-after Garden Tract neighborhood, where you can stroll to local restaurants, shops, banks, and more. This 2-bedroom, 1-bath home has been thoughtfully updated with a new central air conditioner, new roof, and fresh exterior paint, offering peace of mind for years to come. Inside, you'll find classic hardwood floors, a wood fireplace, abundant natural light from the sunroof, and a comfortable layout perfect for everyday living. The property's curb appeal shines with its low-maintenance landscaping featuring drought-resistant plants. A detached garage with automatic door opener, a covered patio, and a lush green lawn create the perfect setting for relaxing or entertaining outdoors. Tucked away at the end of a quiet street with no through traffic, this move-in-ready home offers both charm and convenience in one of the city's most desirable neighborhoods.

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