1564 Nord Ave SPACE 8ChicoCA95926
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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
Investment property for sale in Chico at 1564 Nord Ave SPACE 8, Chico, CA, 95926 listed at $100,000 pairs $791/mo rent with a $489/mo payment to leave $173/mo cash flow. Total monthly income runs $791/mo, and annual cash flow reaches $2,074/yr on $33,150 cash to close. Return on cash invested measures 26.17% in year one, and rental yield registers 9.49% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 136.41% and total cumulative return in cash totals $45,220. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $791/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1979
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
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Listed by: N/A • N/A
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Mls ID: #N/A