3708 Traverse St, Redding, CA, 96002 | $507/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

Rental property for sale in Redding at 3708 Traverse St, Redding, CA, 96002 priced at $397,800 converts $2,968/mo rent into $507/mo cash flow after a $1,947/mo obligation. Total monthly income equals $2,968/mo, and annual cash flow totals $6,086/yr on $131,871 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 8.95% against a $397,800 entry. Equity gained on principal adds $2,567/yr, while 5% annual appreciation compiles into $109,905 by year five. Five-year ROI reaches 127.61% and total cumulative return in cash sums $168,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,968/mo property income covering a $1,947/mo payment, not borrower’s personal income.

Single Family

Built in 1961

0.34 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