350 Gilmore Rd SPC 104Red BluffCA96080
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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
Investment property for sale in Red Bluff at 350 Gilmore Rd SPC 104, Red Bluff, CA, 96080 earns $586/mo cash flow from $2,016/mo rent with a $1,052/mo payment. Total monthly income totals $2,016/mo, and annual cash flow totals $7,035/yr on $71,273 capital. ROI tracks 29.78% on current figures, and rental yield reads 11.25% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 156.43% and total cumulative return in cash sums $111,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,016/mo property income instead of your personal income.
Manufactured
Built in 1992
3,920 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96080, Red Bluff, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,765 (100%) |
| Owner Occupied HU | 7,291 (57.1%) |
| Renter Occupied HU | 4,534 (35.5%) |
| Vacant Housing Units | 940 ( 7.4%) |
| Median Home Value | $388,765 |
| Average Home Value | $420,796 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
11,325
Multi-Family
1,083
Businesses
1,157
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Listed by: Jamie M Edwardson • Wise House Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #24-1818
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.