4894 Saint Charles DrReddingCA96002
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 4894 Saint Charles Dr, Redding, CA, 96002 in Redding at $779,000, 5.6% gross yield, is a market-growth asset. Rental yield 5.6%. The $3,636/mo rent partially funds the $3,503/mo debt service; the core return is the 5%/yr price growth projected to add $215,223 over five years. Ziffy Mortgage's DSCR mortgage (1.04) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $209,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.2% |
| Monthly Cash Flow | $(1,347) | $850 |
City averages based on Redding market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,636 |
| Total Monthly Debt Service | $4,673 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2003
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96002, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,334 (100%) |
| Owner Occupied HU | 7,929 (55.3%) |
| Renter Occupied HU | 5,505 (38.4%) |
| Vacant Housing Units | 900 ( 6.3%) |
| Median Home Value | $392,475 |
| Average Home Value | $469,375 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
12,914
Multi-Family
510
Businesses
1,722
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 2003
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96002, Redding, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,334 (100%) |
| Owner Occupied HU | 7,929 (55.3%) |
| Renter Occupied HU | 5,505 (38.4%) |
| Vacant Housing Units | 900 ( 6.3%) |
| Median Home Value | $392,475 |
| Average Home Value | $469,375 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
12,914
Multi-Family
510
Businesses
1,722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Kidd • Wahlund & Co. Realty Group
Mls Name: SMLS
Mls Provider:
Mls ID: #25-2834
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.