131 Kokanee DrOrovilleCA95966
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 Oroville at 131 Kokanee Dr, Oroville, CA, 95966 offers a 9.01% rental yield on a $175,000 purchase with $1,314/mo rent. Total monthly income registers $1,314/mo, and a $857/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,771/yr on $58,013 to close, and return on cash invested stands at 24.69% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 128.47% and total cumulative return in cash at $74,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95966, Oroville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,172 (100%) |
| Owner Occupied HU | 8,128 (61.7%) |
| Renter Occupied HU | 3,721 (28.2%) |
| Vacant Housing Units | 1,323 (10.0%) |
| Median Home Value | $372,103 |
| Average Home Value | $421,420 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,036
Multi-Family
414
Businesses
546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Rolls • Re/Max of Chico
Mls Name: CRMLS
Mls ID: #SN25195358