3663 Lake Forest Dr, Redding, CA, 96003 | $251/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 3663 Lake Forest Dr, Redding, CA, 96003 uses $124,313 cash to close to unlock $3,008/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $2,686/mo, and a $1,835/mo payment keeps the spread at $251/mo. Purchase price stands at $375,000, and rental yield measures 8.6% with $2,686/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 116.22% and total cumulative return in cash records $144,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,686/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Single Family

Built in 1987

0.25 Acres 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