476 Silkwood Dr #6ReddingCA96003
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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 476 Silkwood Dr #6, Redding, CA, 96003 earns $172/mo cash flow from $852/mo rent with a $538/mo payment. Total monthly income totals $852/mo, and annual cash flow totals $2,063/yr on $36,463 capital. ROI tracks 25.57% on current figures, and rental yield reads 9.29% at a $109,995 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,390 over five years. Five-year ROI reaches 133.21% and total cumulative return in cash sums $48,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $852/mo property income instead of your personal income.
Manufactured
Built in 2015
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: Georgia Tull • The Redwoods Mobile Home Park
Mls Name: My State MLS
Mls ID: #11534551