2310 Butte StReddingCA96001
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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 2310 Butte St, Redding, CA, 96001 uses $92,820 cash to close to unlock $2,620/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $1,370/mo payment keeps the spread at $218/mo. Purchase price stands at $280,000, and rental yield measures 8.36% with $1,950/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash records $109,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1940
2,178 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Jamie M Edwardson • Wise House Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #25-3597
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.