3040 Renault Ct, Redding, CA, 96002 | 6.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1502 sft

2060 Cabello St, Shasta Lake, CA, 96019

3 Bed
2 Bath
1440 sft

21274 Lela Ln, Redding, CA, 96003

3 Bed
2 Bath
1394 sft

4576 Crimsonwood Dr, Redding, CA, 96001

2 Bed
2 Bath
720 sft

18621 Sam Hill Dr, Anderson, CA, 96007

Nearby investment properties with comparable prices

3 Bed
2 Bath
1680 sft

19375 Whippletree Rd, Cottonwood, CA, 96022

1 Bed
2 Bath
648 sft

7179 Pine Meadows Dr, Shingletown, CA, 96088

3 Bed
2 Bath
1727 sft

621 Collyer Dr, Redding, CA, 96003

3 Bed
2 Bath
1490 sft

7029 Cowan Ct, Anderson, CA, 96007

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Redding at 3040 Renault Ct, Redding, CA, 96002 offers a 6.77% rental yield on a $457,490 purchase with $2,580/mo rent. 93% in year one. Equity gained on principal adds $2,952/yr while 5% annual appreciation supports $126,396 over five years. Portfolio math shows five-year ROI at 92.26% and total cumulative return in cash at $139,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $2,239/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

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