4525 Enchanted Way, Redding, CA, 96001 | $849/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4525 Enchanted Way, Redding, CA, 96001 | $849/mo Cash Flow | Ziffy

Recently Sold

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Redding at 4525 Enchanted Way, Redding, CA, 96001 priced at $220,000 pairs $2,210/mo rent with $849/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,210/mo, and annual cash flow comes to $10,186/yr on $72,930 invested. Return on cash invested is 33.88% in year one, and rental yield stands at 12.05% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 177.72% and total cumulative return in cash reaches $129,611. For financing, Ziffy Mortgage’s DSCR program evaluates $2,210/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1971

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bed, 2-Bath Fixer with Tons of Potential! Opportunity knocks with this spacious 3-bedroom, 2-bath home located in a desirable neighborhood. Offering great bones and a functional layout, this property is perfect for investors, flippers, or buyers looking to customize their dream home. Features include a generous living area, ample natural light, and a sizable backyard with room to expand or create an outdoor oasis. Several outbuildings create room for all your extras. While the home does need repairs and updating, its solid structure and prime location make it a smart investment. Bring your vision and turn this diamond in the rough into a true gem!

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