3431 Alexander Dr, Redding, CA, 96002 | $394/mo Cash Flow

For Sale

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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 3431 Alexander Dr, Redding, CA, 96002 priced at $387,500 pairs $2,792/mo rent with $394/mo cash flow after a $1,897/mo payment. Total monthly income equals $2,792/mo, and annual cash flow comes to $4,734/yr on $128,456 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 8.65% on a $387,500 basis. Equity gained on principal adds $2,500/yr, and 5% annual appreciation accumulates to $107,059 by year five. Five-year ROI measures 122.62% and total cumulative return in cash reaches $157,515. For financing, Ziffy Mortgage’s DSCR program evaluates $2,792/mo property income against a $1,897/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1974

0.26 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