








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


Rental property for sale in Redding at 9466 Placer Rd, Redding, CA, 96001 priced at $380,000 converts $3,293/mo rent into $854/mo cash flow after a $1,860/mo obligation. Total monthly income equals $3,293/mo, and annual cash flow totals $10,253/yr on $125,970 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 10.4% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 146.81% and total cumulative return in cash sums $184,933. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,293/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1986
1.10 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 |
|---|---|---|
| 2025-03-21 | Sold | $380,000 |
| 2025-02-24 | Pending sale | $379,900 |
| 2025-02-08 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-16 | $3902.58 | 1.71% | $356,696 | 2.00% |
| 2023-06-16 | $3836.96 | 2.59% | $349,703 | 2.00% |
| 2022-06-16 | $3740.08 | 2.01% | $342,847 | 2.00% |



Listed by: Josh Barker • Josh Barker Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-501
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.