4554 Chippewa Ln #287ReddingCA96003
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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 4554 Chippewa Ln #287, Redding, CA, 96003 offers a 9.29% rental yield on a $139,950 purchase with $1,083/mo rent. Total monthly income registers $1,083/mo, and a $685/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,607/yr on $46,393 to close, and return on cash invested stands at 25.53% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,666 over five years. Portfolio math shows five-year ROI at 133.07% and total cumulative return in cash at $61,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,083/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96003, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,294 (100%) |
| Owner Occupied HU | 11,457 (56.5%) |
| Renter Occupied HU | 7,256 (35.8%) |
| Vacant Housing Units | 1,581 ( 7.8%) |
| Median Home Value | $394,556 |
| Average Home Value | $416,886 |
Housing Distribution
Address Breakdown
Residential
19,353
Single Family
18,298
Multi-Family
1,055
Businesses
957
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Listed by: Courtney Crawford • Mountain Shadows Mobile Home Estates
Mls Name: My State MLS
Mls ID: #11609663