2240 Notre Dame Blvd APT 5ChicoCA95928
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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 2240 Notre Dame Blvd APT 5, Chico, CA, 95928 with 5% annual appreciation on a $172,000 basis while $1,401/mo rent supports operations. Total monthly income totals $1,401/mo and a $842/mo payment preserves $274/mo for cash returns. Annual cash flow comes to $3,292/yr on $57,018 deployed, and return on cash invested reaches 25.68% in year one. Equity gained on principal adds $1,110/yr, and five-year appreciation sums $47,520 alongside rental yield of 9.77%. Five-year ROI measures 134.34% and total cumulative return in cash totals $76,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,401/mo property income versus a $842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95928, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,919 (100%) |
| Owner Occupied HU | 6,931 (38.7%) |
| Renter Occupied HU | 9,500 (53.0%) |
| Vacant Housing Units | 1,488 ( 8.3%) |
| Median Home Value | $507,386 |
| Average Home Value | $561,987 |
Housing Distribution
Address Breakdown
Residential
16,740
Single Family
12,881
Multi-Family
3,859
Businesses
1,892
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #SN24176775