3070 Snowbird DrChicoCA95973
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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 3070 Snowbird Dr, Chico, CA, 95973 listed at $540,918 pairs $2,885/mo rent with a $2,648/mo payment. Total monthly income runs $2,885/mo. Return on cash invested measures 16.95% in year one, and rental yield registers 6.4% at a $540,918 basis. Equity gained on principal adds $3,490/yr, and annual property appreciation at 5% supports $149,446 by year five. Five-year ROI tracks 86.94% and total cumulative return in cash totals $154,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,885/mo property income relative to a $2,648/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95973, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,775 (100%) |
| Owner Occupied HU | 9,269 (55.3%) |
| Renter Occupied HU | 6,726 (40.1%) |
| Vacant Housing Units | 780 ( 4.6%) |
| Median Home Value | $496,934 |
| Average Home Value | $539,362 |
Housing Distribution
Address Breakdown
Residential
16,726
Single Family
14,083
Multi-Family
2,643
Businesses
1,144
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Listed by: NEVEN SPRALJA • REALHOME SERVICES & SOLUTIONS
Mls Name: CRMLS
Mls ID: #IV25226189