556 Armando Ave, Redding, CA, 96003 | $141/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Redding at 556 Armando Ave, Redding, CA, 96003 with 5% annual appreciation on a $510,000 basis while $3,426/mo rent supports operations. Total monthly income totals $3,426/mo and a $2,496/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,689/yr on $167,790 deployed, and return on cash invested reaches 21.07% in year one. Equity gained on principal adds $3,291/yr, and five-year appreciation sums $140,904 alongside rental yield of 8.06%. Five-year ROI measures 109.35% and total cumulative return in cash totals $183,471.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,426/mo property income versus a $2,496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1990

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