307 Manzanita Dr #4ChesterCA96020
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 307 Manzanita Dr #4, Chester, CA, 96020 in Chester worth study. Rental yield 1.84%. The 1.84% gross yield is below cash-flow benchmarks at $979,000, but 5% annual appreciation, adding $270,480 over five years, frames this as a capital growth position. Rent of $1,500/mo partially offsets the $4,402/mo payment. Ziffy Mortgage finances appreciation-play properties (0.34 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $78,034.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.8% | 6.0% |
| Monthly Cash Flow | $(4,556) | $200 |
City averages based on Chester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $5,667 |
| DSCR Ratio | 0.26x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
0.68 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
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
Single Family
Built in 2004
0.68 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy L Michaels • COLDWELL BANKER KEHR/O'BRIEN (C)
Mls Name: Plumas AOR
Mls ID: #20250871