661 Palmer DrRed BluffCA96080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Red Bluff at 661 Palmer Dr, Red Bluff, CA, 96080 at $255,000 posts ROI 20.06% with $11/mo cash flow from $1,588/mo rent. Total monthly income equals $1,588/mo, and annual cash flow records $127/yr on $84,533 to close. Return on cash invested measures 20.06% and rental yield reads 7.47% at the current $255,000. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 by year five. Five-year ROI prints 103.67% and total cumulative return in cash totals $87,632.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,588/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96080, Red Bluff, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,765 (100%) |
| Owner Occupied HU | 7,291 (57.1%) |
| Renter Occupied HU | 4,534 (35.5%) |
| Vacant Housing Units | 940 ( 7.4%) |
| Median Home Value | $388,765 |
| Average Home Value | $420,796 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
11,325
Multi-Family
1,083
Businesses
1,157
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Nearby investment properties with comparable prices
Listed by: Carlla Wagner • Coldwell Banker Select - Red Bluff
Mls Name: Tehama County AOR
Mls ID: #20250353
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.