1051-1055 W East AveChicoCA95926
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
Investment property for sale in Chico at 1051-1055 W East Ave, Chico, CA, 95926 offers a 8.23% rental yield on a $547,000 purchase with $3,750/mo rent. Total monthly income registers $3,750/mo, and a $2,677/mo payment leaves $366/mo available for distribution. Annual cash flow reaches $4,397/yr on $179,963 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $3,530/yr while 5% annual appreciation supports $151,126 over five years. Portfolio math shows five-year ROI at 116.73% and total cumulative return in cash at $210,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,750/mo property income against a $2,677/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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.