3766 Alma AveReddingCA96002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Redding at 3766 Alma Ave, Redding, CA, 96002 at $324,999 posts ROI 23.19% with $294/mo cash flow from $2,305/mo rent. Total monthly income equals $2,305/mo, and annual cash flow records $3,531/yr on $107,737 to close. Return on cash invested measures 23.19% and rental yield reads 8.51% at the current $324,999. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,791 by year five. Five-year ROI prints 120.45% and total cumulative return in cash totals $129,769.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,305/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
10,018 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: Terence Davis • Terence Davis & Associates
Mls Name: SMLS
Mls Provider:
Mls ID: #25-118
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.