124 Cote D AzurChicoTX76431
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 124 Cote D Azur, Chico, TX, 76431 in Chico. Rental yield 5.07%. At $1,450,000 with 5.07% gross yield, current distributions are modest, but the 5% appreciation rate projects $400,608 in new equity by year five, complemented by $13,355/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.94) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $286,362.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.2% |
| Monthly Cash Flow | $(4,247) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,127 |
| Total Monthly Debt Service | $9,734 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2024
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76431, Chico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,093 (61.6%) |
| Renter Occupied HU | 244 (13.8%) |
| Vacant Housing Units | 437 (24.6%) |
| Median Home Value | $278,385 |
| Average Home Value | $380,403 |
Housing Distribution
Address Breakdown
Residential
1,543
Single Family
1,543
Multi-Family
0
Businesses
116
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
Single Family
Built in 2024
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76431, Chico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,093 (61.6%) |
| Renter Occupied HU | 244 (13.8%) |
| Vacant Housing Units | 437 (24.6%) |
| Median Home Value | $278,385 |
| Average Home Value | $380,403 |
Housing Distribution
Address Breakdown
Residential
1,543
Single Family
1,543
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices