1058 Stevie Joe WayChicoCA95926
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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
Investment Highlights
Rental property for sale in Chico at 1058 Stevie Joe Way, Chico, CA, 95926 priced at $525,000 pairs $3,830/mo rent with $582/mo cash flow after a $2,570/mo payment. Total monthly income equals $3,830/mo, and annual cash flow comes to $6,982/yr on $172,725 invested. Return on cash invested is 24.1% in year one, and rental yield stands at 8.75% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 125.29% and total cumulative return in cash reaches $216,405. For financing, Ziffy Mortgage’s DSCR program evaluates $3,830/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
0.31 Acres 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
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Listed by: Heather Cooper • Willow & Birch Realty, Inc
Mls Name: CRMLS
Mls ID: #SN25272664