827 State StReddingCA96001
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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
Investment Highlights
Investment property for sale in Redding at 827 State St, Redding, CA, 96001 earns $556/mo cash flow from $1,967/mo rent with a $1,052/mo payment. Total monthly income totals $1,967/mo, and annual cash flow totals $6,667/yr on $71,273 capital. ROI tracks 29.26% on current figures, and rental yield reads 10.98% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 153.52% and total cumulative return in cash sums $109,417. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,967/mo property income instead of your personal income.
Single Family
Built in 1942
6,098 sqft 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 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
13,803
Multi-Family
853
Businesses
1,624
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Listed by: Jenny S Grenvik • Grenvik Group
Mls Name: SMLS
Mls Provider:
Mls ID: #24-4758
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.