2415 Fort Wayne 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 2415 Fort Wayne St, Oroville, CA, 95966 uses $53,040 cash to close to unlock $5,704/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $783/mo payment keeps the spread at $475/mo. Purchase price stands at $160,000, and rental yield measures 10.99% with $1,465/mo rent. Return on cash invested shows 30.66% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 160.55% and total cumulative return in cash records $85,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1978
4,792 sqft 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: Luke Edmondson • Keller Williams Realty Chico Area
Mls Name: CRMLS
Mls ID: #SN25138855