








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


Investment property for sale in Redding at 7992 Leaning Pine Rd, Redding, CA, 96001 at $490,000 posts ROI 18.72% with from $2,976/mo rent. Total monthly income equals $2,976/mo. Return on cash invested measures 18.72% and rental yield reads 7.29% at the current $490,000. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 by year five. Five-year ROI prints 96.73% and total cumulative return in cash totals $157,128. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,976/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
4.87 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $490,000 |
| 2024-10-02 | Listing removed | $490,000 |
| 2024-08-29 | Price change | $490,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | N/A | N/A | $468,914 | 2.00% |
| 2023-10-17 | $4955.16 | 2.62% | $459,721 | 2.00% |
| 2022-10-17 | $4828.60 | 2.04% | $450,707 | 2.00% |



Listed by: Brian Mogensen • Josh Barker Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4244
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.