293 Farrar DrChesterCA96020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Chester at 293 Farrar Dr, Chester, CA, 96020 priced at $339,000 pairs $3,487/mo rent with $1,390/mo cash flow after a $1,659/mo payment. Total monthly income equals $3,487/mo, and annual cash flow comes to $16,681/yr on $112,379 invested. Return on cash invested is 34.75% in year one, and rental yield stands at 12.34% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 182.46% and total cumulative return in cash reaches $205,048. For financing, Ziffy Mortgage’s DSCR program evaluates $3,487/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96020, Chester, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 781 (40.0%) |
| Renter Occupied HU | 361 (18.5%) |
| Vacant Housing Units | 810 (41.5%) |
| Median Home Value | $352,609 |
| Average Home Value | $400,051 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
372
Multi-Family
53
Businesses
57
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Nearby investment properties with comparable prices
Listed by: Joyce Ruschhaupt • BERKSHIRE HATHAWAY HOMESERVICES LAKE ALMANOR RE
Mls Name: Plumas AOR
Mls Provider:
Mls ID: #20240680
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