5016 Monaco PkwyReddingCA96002
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
Investment Highlights
Investment property for sale in Redding at 5016 Monaco Pkwy, Redding, CA, 96002 at $449,900 posts ROI 20.2% with $36/mo cash flow from $2,951/mo rent. Total monthly income equals $2,951/mo, and annual cash flow records $431/yr on $149,142 to close. Return on cash invested measures 20.2% and rental yield reads 7.87% at the current $449,900. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 by year five. Five-year ROI prints 104.76% and total cumulative return in cash totals $156,238.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,951/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
4,356 sqft 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: Kyler W Carpenter • eXp Realty of Northern California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4521
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.