3822 Patterson Ct,Redding,CA,96003

Investment Highlights

Investment property for sale in Redding at 3822 Patterson Ct, Redding, CA, 96003 listed at $224,900 pairs $2,087/mo rent with a $1,101/mo payment to leave $551/mo cash flow. Total monthly income runs $2,087/mo, and annual cash flow reaches $6,608/yr on $74,554 cash to close. Return on cash invested measures 28.77% in year one, and rental yield registers 11.14% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 151.24% and total cumulative return in cash totals $112,753. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,087/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).