








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Redding at 554 Aurora Pl, Redding, CA, 96001 priced at $715,000 converts $3,481/mo rent into after a $3,500/mo obligation. Total monthly income equals $3,481/mo. Return on cash invested prints 15.25% in year one, and rental yield reads 5.84% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 77.84% and total cumulative return in cash sums $183,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,481/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 96001, Redding, CA area.
| 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 |
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Listed for sale | $715,000 |
| 2016-10-28 | Sold | $335,000 |
| 2016-08-02 | Price change | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | N/A | N/A | $381,168 | 2.00% |
| 2023-10-17 | $3955.10 | 1.70% | $373,695 | 2.00% |
| 2022-10-17 | $3888.80 | 0.47% | $366,369 | 2.00% |



Listed by: Jesse Eline • eXp Realty of Northern California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-3958
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.