1051-1055 W East AveChicoCA95926
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1051-1055 W East Ave, Chico, CA, 95926 in Chico. At $547,000 it earns $3,750/mo in rent and distributes $366/mo to the owner after the $2,460/mo payment, a consistent 8.23% yield. DSCR 1.52 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $151,126 in value; $5,038/yr in principal paydown compounds ownership stake. Total projected return: $230,969.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $366 | $200 |
City averages based on Chico market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,750 |
| Total Monthly Debt Service | $3,166 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95926, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 6,854 (39.1%) |
| Renter Occupied HU | 9,482 (54.1%) |
| Vacant Housing Units | 1,196 ( 6.8%) |
| Median Home Value | $479,496 |
| Average Home Value | $534,728 |
Housing Distribution
Address Breakdown
Residential
16,073
Single Family
12,262
Multi-Family
3,811
Businesses
1,313
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
Multi Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95926, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 6,854 (39.1%) |
| Renter Occupied HU | 9,482 (54.1%) |
| Vacant Housing Units | 1,196 ( 6.8%) |
| Median Home Value | $479,496 |
| Average Home Value | $534,728 |
Housing Distribution
Address Breakdown
Residential
16,073
Single Family
12,262
Multi-Family
3,811
Businesses
1,313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Tompkins • Property Line, REALTORS
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224128820
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.