4662 Lookout Ct, Redding, CA, 96001 | $1,070/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4662 Lookout Ct, Redding, CA, 96001 | $1,070/mo Cash Flow | Ziffy

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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

Investment property for sale in Redding at 4662 Lookout Ct, Redding, CA, 96001 uses $92,124 cash to close to unlock $12,834/yr annual cash flow and $1,070/mo monthly cash flow. Total monthly income runs $2,791/mo, and a $1,360/mo payment keeps the spread at $1,070/mo. Purchase price stands at $277,900, and rental yield measures 12.05% with $2,791/mo rent. Return on cash invested shows 33.84% in year one, and 5% annual appreciation builds toward $76,779 over five years. Five-year ROI reaches 177.58% and total cumulative return in cash records $163,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,791/mo property income covering a $1,360/mo payment rather than investor’s personal income.

Single Family

Built in 1966

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Your search for the perfect move-in-ready home ends here. This inviting 3-bedroom home is tucked away on a tranquil cul-de-sac, offering a peaceful setting that's ideal for unwinding after a long day. Enjoy the spacious 2-car garage and the generous front and backyardsperfect for outdoor activities, gardening, or simply relaxing. This home combines comfort, convenience, and charm in a serene neighborhood. Don't miss out on this wonderful opportunity to start your new chapter!

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