503 River Oaks DrReddingCA96001
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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 503 River Oaks Dr, Redding, CA, 96001 with 5% annual appreciation on a $665,000 basis while $4,139/mo rent supports operations. Total monthly income totals $4,139/mo and a $3,255/mo payment preserves $25/mo for cash returns. Annual cash flow comes to $300/yr on $218,785 deployed, and return on cash invested reaches 20.2% in year one. Equity gained on principal adds $4,291/yr, and five-year appreciation sums $183,727 alongside rental yield of 7.47%. Five-year ROI measures 104.37% and total cumulative return in cash totals $228,355.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,139/mo property income versus a $3,255/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.34 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Stacy Baxter • Magnolia Homes
Mls Name: SMLS
Mls Provider:
Mls ID: #25-4282
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.