3020 Grand AveOrovilleCA95965
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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
Rental property for sale in Oroville at 3020 Grand Ave, Oroville, CA, 95965 generates $2,310/mo in rent, after a $2,444/mo payment. Total monthly income is $2,310/mo. Return on cash invested sits at 14.26% in year one, and rental yield is 5.55% on a $499,300 entry. Equity gained on principal adds $3,222/yr, while 5% annual appreciation builds toward $137,947 over five years. Five-year ROI reaches 72.58% and total cumulative return in cash sums $120,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,310/mo property income rather than buyer’s personal income.
Manufactured
Built in 1978
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95965, Oroville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,264 (100%) |
| Owner Occupied HU | 4,132 (50.0%) |
| Renter Occupied HU | 3,338 (40.4%) |
| Vacant Housing Units | 794 ( 9.6%) |
| Median Home Value | $355,605 |
| Average Home Value | $437,386 |
Housing Distribution
Address Breakdown
Residential
7,839
Single Family
7,002
Multi-Family
837
Businesses
751
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Listed by: Antonio Rubio • Better Homes Realty
Mls Name: MetroList Services of CA
Mls ID: #225098906