665 Overhill Dr, Redding, CA, 96001 | $2,684/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
4 Bath
3405 sft

508 Seavy Ct, Redding, CA, 96001

5 Bed
4 Bath
4410 sft

21607 Gilbert Dr, Palo Cedro, CA, 96073

4 Bed
4 Bath
3832 sft

22217 Old 44 Dr, Palo Cedro, CA, 96073

3 Bed
4 Bath
3473 sft

13497 Tierra Heights Rd, Redding, CA, 96003

Nearby investment properties with comparable prices

3 Bed
2 Bath
1564 sft

3371 Bardick Rd, Anderson, CA, 96007

2 Bed
2 Bath
1243 sft

265 Vintage Path, Redding, CA, 96003

3 Bed
2 Bath
1115 sft

3531 Barkwood Dr, Anderson, CA, 96007

3 Bed
2 Bath
1560 sft

3488 Oasis Rd, Redding, CA, 96003

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Redding at 665 Overhill Dr, Redding, CA, 96001 priced at $449,900 converts $5,467/mo rent into $2,684/mo cash flow after a $2,202/mo obligation. Total monthly income equals $5,467/mo, and annual cash flow totals $32,207/yr on $149,142 invested. Return on cash invested prints 41.5% in year one, and rental yield reads 14.58% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 218.63% and total cumulative return in cash sums $326,062. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,467/mo property income covering a $2,202/mo payment, not borrower’s personal income.

Single Family

Built in 1956

0.32 Acres 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