2913 Hopkins AveReddingCA96002
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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 2913 Hopkins Ave, Redding, CA, 96002 generates $3,161/mo in rent and, after a $2,251/mo payment, leaves $316/mo in cash flow. Total monthly income is $3,161/mo, and annual cash flow is $3,790/yr on $152,487 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.25% on a $459,990 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,087 over five years. Five-year ROI reaches 116.16% and total cumulative return in cash sums $177,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,161/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A