Condo Investment Properties in Redding, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Redding, CA

Why Invest in Redding, California?

Redding's condo market offers compelling entry points for investors seeking affordable multifamily exposure in a growing Northern California hub. With vacancy rates at just 2% and average monthly rents reaching $975, condos benefit from tight rental demand driven by consistent population growth and job expansion. The market's lower entry costs compared to larger urban centers—with office properties averaging $151/sqft and industrial at $80/sqft—create reliable income potential. Strong economic fundamentals, including rising wages and business expansion, support sustained appreciation and long-term portfolio growth.

7.2%
Avg. ROI
3.1%
Rental Yield
5.8%
Cap Rate
$285/mo
Avg. Cash Flow
$975/mo
Avg. Rent
5.6%
1Y Appreciation

Frequently Asked Questions

Multifamily vacancy in Redding is just 2%, indicating a tight rental market highly favorable to condo investors. This low vacancy rate reflects strong tenant demand and supports reliable rental income and property appreciation.

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