2733 Hawn AveReddingCA96002
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Nearby investment properties with comparable prices
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 2733 Hawn Ave, Redding, CA, 96002 priced at $367,800 converts $2,744/mo rent into $469/mo cash flow after a $1,800/mo obligation. Total monthly income equals $2,744/mo, and annual cash flow totals $5,627/yr on $121,926 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 8.95% against a $367,800 entry. Equity gained on principal adds $2,373/yr, while 5% annual appreciation compiles into $101,616 by year five. Five-year ROI reaches 127.57% and total cumulative return in cash sums $155,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,744/mo property income covering a $1,800/mo payment, not borrower’s personal income.
Single Family
Built in 1960
10,890 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: Malua Hargreaves • Waterman Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3729
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.