22150 Ravine CtReddingCA96003
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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 Redding at 22150 Ravine Ct, Redding, CA, 96003 listed at $239,900 pairs $2,377/mo rent with a $1,174/mo payment to leave $893/mo cash flow. Total monthly income runs $2,377/mo, and annual cash flow reaches $10,718/yr on $79,527 cash to close. Return on cash invested measures 33.39% in year one, and rental yield registers 11.89% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 175.15% and total cumulative return in cash totals $139,291. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,377/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2004
0.40 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
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Listed by: Cherrel Kirkland • Kirkland Real Estate Partners
Mls Name: SMLS
Mls ID: #26-89