2366 Templeton DrReddingCA96002
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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
Rental property for sale in Redding at 2366 Templeton Dr, Redding, CA, 96002 generates $3,470/mo in rent, after a $3,377/mo payment. Total monthly income is $3,470/mo. Return on cash invested sits at 15.84% in year one, and rental yield is 6.03% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 80.98% and total cumulative return in cash sums $183,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,470/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96002, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,334 (100%) |
| Owner Occupied HU | 7,929 (55.3%) |
| Renter Occupied HU | 5,505 (38.4%) |
| Vacant Housing Units | 900 ( 6.3%) |
| Median Home Value | $392,475 |
| Average Home Value | $469,375 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
12,914
Multi-Family
510
Businesses
1,722
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Listed by: Karson E Neff • Josh Barker Real Estate
Mls Name: SMLS
Mls ID: #25-5486