391 Smile PlReddingCA96001
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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
Investment Highlights
Investment property for sale in Redding at 391 Smile Pl, Redding, CA, 96001 earns $530/mo cash flow from $2,138/mo rent with a $1,272/mo payment. Total monthly income totals $2,138/mo, and annual cash flow totals $6,363/yr on $86,157 capital. ROI tracks 27.29% on current figures, and rental yield reads 9.87% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 142.47% and total cumulative return in cash sums $122,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,138/mo property income instead of your personal income.
Single Family
Built in 1935
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96001, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 8,550 (56.6%) |
| Renter Occupied HU | 5,530 (36.6%) |
| Vacant Housing Units | 1,025 ( 6.8%) |
| Median Home Value | $413,774 |
| Average Home Value | $471,891 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Douglas Juenke • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1240
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.