2215 Walbridge StRed BluffCA96080
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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
Investment property for sale in Red Bluff at 2215 Walbridge St, Red Bluff, CA, 96080 offers a 9.02% rental yield on a $349,000 purchase with $2,623/mo rent. Total monthly income registers $2,623/mo, and a $1,708/mo payment leaves $464/mo available for distribution. Annual cash flow reaches $5,570/yr on $115,694 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 128.69% and total cumulative return in cash at $148,884. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,623/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96080, Red Bluff, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,765 (100%) |
| Owner Occupied HU | 7,291 (57.1%) |
| Renter Occupied HU | 4,534 (35.5%) |
| Vacant Housing Units | 940 ( 7.4%) |
| Median Home Value | $388,765 |
| Average Home Value | $420,796 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
11,325
Multi-Family
1,083
Businesses
1,157
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Listed by: Barbara L Dancel • HIVE Real Estate Group, Inc
Mls Name: Tehama County AOR
Mls ID: #20250851