4490 Placer StReddingCA96001
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4490 Placer St, Redding, CA, 96001 in Redding at $240,000 earns $1,624/mo in rent and nets $139/mo after the $1,079/mo payment, a 8.12% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $66,308 over five years. Ziffy Mortgage underwrites this on a 1.51 DSCR without U.S. credit history. With $2,210/yr in principal paydown, total projected return reaches $99,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $139 | $850 |
City averages based on Redding market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,624 |
| Total Monthly Debt Service | $1,389 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.34 Acres 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
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
Single Family
Built in 1964
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zachary R Wusstig • Real Brokerage Technologies
Mls Name: SMLS
Mls ID: #25-3321