5370 Rosswood LnReddingCA96001
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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 5370 Rosswood Ln, Redding, CA, 96001 priced at $324,900 pairs $4,283/mo rent with $2,273/mo cash flow after a $1,590/mo payment. Total monthly income equals $4,283/mo, and annual cash flow comes to $27,280/yr on $107,704 invested. Return on cash invested is 45.24% in year one, and rental yield stands at 15.82% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 238.69% and total cumulative return in cash reaches $257,081. For financing, Ziffy Mortgage’s DSCR program evaluates $4,283/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
10,018 sqft 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: Dennis E Morgan • Banner Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2448
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.