83 Damon AveRed 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
Rental property for sale in Red Bluff at 83 Damon Ave, Red Bluff, CA, 96080 offers $2,162/mo rent that, after a $1,762/mo payment. Total monthly income is $2,162/mo. Return on cash invested measures 19.26% in year one, and rental yield stands at 7.21% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 99.32% and total cumulative return in cash reaches $118,533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,162/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.46 Acres 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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Listed by: Lori A Slade • River City Realty
Mls Name: Tehama County AOR
Mls ID: #20250857