2135 Nord Ave SPACE 9ChicoCA95926
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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 2135 Nord Ave SPACE 9, Chico, CA, 95926 with 5% annual appreciation on a $134,950 basis while $2,393/mo rent supports operations. Total monthly income totals $2,393/mo and a $661/mo payment preserves $1,558/mo for cash returns. Annual cash flow comes to $18,692/yr on $44,736 deployed, and return on cash invested reaches 61.69% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,284 alongside rental yield of 21.28%. Five-year ROI measures 326.92% and total cumulative return in cash totals $146,253.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,393/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2023
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: Sherrie Johnston • Harmony Communities, Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224059688
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.