32 Alameda Park CirChicoCA95928
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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 32 Alameda Park Cir, Chico, CA, 95928 with 5% annual appreciation on a $369,000 basis while $2,568/mo rent supports operations. Total monthly income totals $2,568/mo and a $1,806/mo payment preserves $285/mo for cash returns. Annual cash flow comes to $3,424/yr on $122,324 deployed, and return on cash invested reaches 22.71% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 8.35%. Five-year ROI measures 117.87% and total cumulative return in cash totals $144,183.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,568/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1987
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95928, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,919 (100%) |
| Owner Occupied HU | 6,931 (38.7%) |
| Renter Occupied HU | 9,500 (53.0%) |
| Vacant Housing Units | 1,488 ( 8.3%) |
| Median Home Value | $507,386 |
| Average Home Value | $561,987 |
Housing Distribution
Address Breakdown
Residential
16,740
Single Family
12,881
Multi-Family
3,859
Businesses
1,892
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Listed by: Luicita Ramos • Keller Williams Realty Chico Area
Mls Name: CRMLS
Mls ID: #SN25257254