840 Hallmark Dr, Redding, CA, 96001 | $840/mo Cash Flow

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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 840 Hallmark Dr, Redding, CA, 96001 priced at $659,000 pairs $4,916/mo rent with $840/mo cash flow after a $3,225/mo payment. Total monthly income equals $4,916/mo, and annual cash flow comes to $10,077/yr on $216,811 invested. Return on cash invested is 24.71% in year one, and rental yield stands at 8.95% on a $659,000 basis. Equity gained on principal adds $4,252/yr, and 5% annual appreciation accumulates to $182,070 by year five. Five-year ROI measures 128.53% and total cumulative return in cash reaches $278,671. For financing, Ziffy Mortgage’s DSCR program evaluates $4,916/mo property income against a $3,225/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1962

0.36 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