3644 Dune StReddingCA96002
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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
Rental property for sale in Redding at 3644 Dune St, Redding, CA, 96002 priced at $359,900 converts $2,176/mo rent into after a $1,762/mo obligation. Total monthly income equals $2,176/mo. Return on cash invested prints 19.4% in year one, and rental yield reads 7.26% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 100.13% and total cumulative return in cash sums $119,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1986
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 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
12,914
Multi-Family
510
Businesses
1,722
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Listed by: Nate Molter • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1234
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.