30 Plaza Way APT 7ChicoCA95926
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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 30 Plaza Way APT 7, Chico, CA, 95926 offers a 10.21% rental yield on a $219,000 purchase with $1,864/mo rent. Total monthly income registers $1,864/mo, and a $1,072/mo payment leaves $509/mo available for distribution. Annual cash flow reaches $6,109/yr on $72,599 to close, and return on cash invested stands at 28.32% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 148.03% and total cumulative return in cash at $107,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,864/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95926, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 6,854 (39.1%) |
| Renter Occupied HU | 9,482 (54.1%) |
| Vacant Housing Units | 1,196 ( 6.8%) |
| Median Home Value | $479,496 |
| Average Home Value | $534,728 |
Housing Distribution
Address Breakdown
Residential
16,073
Single Family
12,262
Multi-Family
3,811
Businesses
1,313
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Listed by: Michael Fortino • Coldwell Banker Select Real Estate
Mls Name: CRMLS
Mls ID: #SN24196275