3012 Legend Ln, Redding, CA, 96002 | 7.15% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Redding at 3012 Legend Ln, Redding, CA, 96002 earns from $2,580/mo rent with a $2,119/mo payment. Total monthly income totals $2,580/mo. ROI tracks 19.09% on current figures, and rental yield reads 7.15% at a $432,990 purchase. Equity gained on principal adds $2,794/yr, and 5% annual appreciation supports $119,627 over five years. Five-year ROI reaches 98.43% and total cumulative return in cash sums $141,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,580/mo property income instead of your 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