3049 Renault Ct, Redding, CA, 96002 | 6.93% 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

Rental property for sale in Redding at 3049 Renault Ct, Redding, CA, 96002 generates $2,580/mo in rent, after a $2,185/mo payment. Total monthly income is $2,580/mo. Return on cash invested sits at 18.44% in year one, and rental yield is 6.93% on a $446,490 entry. Equity gained on principal adds $2,881/yr, while 5% annual appreciation builds toward $123,357 over five years. Five-year ROI reaches 94.95% and total cumulative return in cash sums $140,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

6,534 sqft 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