2375 Ithaca StOrovilleCA95966
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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 2375 Ithaca St, Oroville, CA, 95966 uses $48,068 cash to close to unlock $2,816/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,132/mo, and a $710/mo payment keeps the spread at $235/mo. Purchase price stands at $145,000, and rental yield measures 9.37% with $1,132/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 134.3% and total cumulative return in cash records $64,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,132/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.86 Acres 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
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Listed by: Marissa Hallen • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #OR26017171