522 Centavo WayReddingCA96003
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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
Rental property for sale in Redding at 522 Centavo Way, Redding, CA, 96003 priced at $580,000 pairs $3,587/mo rent with after a $2,839/mo payment. Total monthly income equals $3,587/mo. Return on cash invested is 20.05% in year one, and rental yield stands at 7.42% on a $580,000 basis. Equity gained on principal adds $3,743/yr, and 5% annual appreciation accumulates to $160,243 by year five. Five-year ROI measures 103.57% and total cumulative return in cash reaches $197,637. For financing, Ziffy Mortgage’s DSCR program evaluates $3,587/mo property income against a $2,839/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
8,712 sqft 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: Olivia K McGrath • Vylla Home, Inc.
Mls Name: SMLS
Mls ID: #25-4174