366 Lime Ct SPACE 36, Redding, CA, 96003 | $244/mo Cash Flow

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

Investment property for sale in Redding at 366 Lime Ct SPACE 36, Redding, CA, 96003 offers a 9.76% rental yield on a $125,000 purchase with $1,017/mo rent. Total monthly income registers $1,017/mo, and a $612/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,922/yr on $41,438 to close, and return on cash invested stands at 26.96% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 140.73% and total cumulative return in cash at $58,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,017/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1976

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 96003, Redding, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,294 (100%)
Owner Occupied HU	11,457 (56.5%)
Renter Occupied HU	7,256 (35.8%)
Vacant Housing Units	1,581 ( 7.8%)
Median Home Value	$394,556
Average Home Value	$416,886