307 Manzanita Dr #4ChesterCA96020
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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 Chester at 307 Manzanita Dr #4, Chester, CA, 96020 offers a 1.84% rental yield on a $979,000 purchase with $1,500/mo rent. 08% in year one. Equity gained on principal adds $6,317/yr while 5% annual appreciation supports $270,480 over five years. Portfolio math shows five-year ROI at 12.58% and total cumulative return in cash at $40,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $4,792/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Cathy L Michaels • COLDWELL BANKER KEHR/O'BRIEN (C)
Mls Name: Plumas AOR
Mls ID: #20250871