1642-1640 High StOrovilleCA95965
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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 Oroville at 1642-1640 High St, Oroville, CA, 95965 offers a 8.23% rental yield on a $280,000 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,370/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,260/yr on $92,820 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 115.92% and total cumulative return in cash at $107,601. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95965, Oroville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,264 (100%) |
| Owner Occupied HU | 4,132 (50.0%) |
| Renter Occupied HU | 3,338 (40.4%) |
| Vacant Housing Units | 794 ( 9.6%) |
| Median Home Value | $355,605 |
| Average Home Value | $437,386 |
Housing Distribution
Address Breakdown
Residential
7,839
Single Family
7,002
Multi-Family
837
Businesses
751
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Listed by: Andrew Boley • eXp Realty of Northern California, Inc.
Mls Name: MetroList Services of CA
Mls ID: #226006617