2586 El Paso WayChicoCA95973
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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 2586 El Paso Way, Chico, CA, 95973 listed at $425,000 pairs $2,647/mo rent with a $2,080/mo payment to leave $18/mo cash flow. Total monthly income runs $2,647/mo, and annual cash flow reaches $216/yr on $140,888 cash to close. Return on cash invested measures 20.06% in year one, and rental yield registers 7.47% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 103.69% and total cumulative return in cash totals $146,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,647/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,583 sqft 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: Mariah McNeal • Platinum Partners Real Estate
Mls Name: CRMLS
Mls ID: #SN25222507