2616 Wesley 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 2616 Wesley Way, Chico, CA, 95973 earns from $3,376/mo rent with a $2,961/mo payment. Total monthly income totals $3,376/mo. ROI tracks 17.85% on current figures, and rental yield reads 6.7% at a $605,000 purchase. Equity gained on principal adds $3,904/yr, and 5% annual appreciation supports $167,150 over five years. Five-year ROI reaches 91.77% and total cumulative return in cash sums $182,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,376/mo property income instead of your personal income.
Single Family
Built in 2026
0.30 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: Brielle Carranza • Discovery Homes
Mls Name: CRMLS
Mls ID: #SN26006441