6677 Bandito Dr, Redding, CA, 96003 | $131/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

Rental property for sale in Redding at 6677 Bandito Dr, Redding, CA, 96003 priced at $585,000 converts $4,026/mo rent into $131/mo cash flow after a $2,863/mo obligation. Total monthly income equals $4,026/mo, and annual cash flow totals $1,568/yr on $192,465 invested. Return on cash invested prints 20.88% in year one, and rental yield reads 8.26% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 108.62% and total cumulative return in cash sums $209,046. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,026/mo property income covering a $2,863/mo payment, not borrower’s personal income.

Single Family

Built in 2020

8,712 sqft lot

$N/A/sqft

$70 monthly 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