4050 Oro CtReddingCA96001
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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 4050 Oro Ct, Redding, CA, 96001 uses $133,263 cash to close to unlock $8,604/yr annual cash flow and $717/mo monthly cash flow. Total monthly income runs $3,229/mo, and a $1,968/mo payment keeps the spread at $717/mo. Purchase price stands at $402,000, and rental yield measures 9.64% with $3,229/mo rent. Return on cash invested shows 26.37% in year one, and 5% annual appreciation builds toward $111,065 over five years. Five-year ROI reaches 137.53% and total cumulative return in cash records $183,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,229/mo property income covering a $1,968/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,712 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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