2520 Alamo AveChicoCA95973
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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 2520 Alamo Ave, Chico, CA, 95973 offers a 5.19% rental yield on a $780,000 purchase with $3,376/mo rent. 28% in year one. Equity gained on principal adds $5,033/yr while 5% annual appreciation supports $215,500 over five years. Portfolio math shows five-year ROI at 67.27% and total cumulative return in cash at $172,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,376/mo property income against a $3,818/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1978
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95973, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,775 (100%) |
| Owner Occupied HU | 9,269 (55.3%) |
| Renter Occupied HU | 6,726 (40.1%) |
| Vacant Housing Units | 780 ( 4.6%) |
| Median Home Value | $496,934 |
| Average Home Value | $539,362 |
Housing Distribution
Address Breakdown
Residential
16,726
Single Family
14,083
Multi-Family
2,643
Businesses
1,144
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Listed by: Michael Fortino • Coldwell Banker Select Real Estate
Mls Name: CRMLS
Mls ID: #SN25281316