3284 Myers StOrovilleCA95966
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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 Oroville at 3284 Myers St, Oroville, CA, 95966 uses $82,212 cash to close to unlock $9,152/yr annual cash flow and $763/mo monthly cash flow. Total monthly income runs $2,297/mo, and a $1,214/mo payment keeps the spread at $763/mo. Purchase price stands at $248,000, and rental yield measures 11.11% with $2,297/mo rent. Return on cash invested shows 31.04% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 162.55% and total cumulative return in cash records $133,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,297/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 1913
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95966, Oroville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,172 (100%) |
| Owner Occupied HU | 8,128 (61.7%) |
| Renter Occupied HU | 3,721 (28.2%) |
| Vacant Housing Units | 1,323 (10.0%) |
| Median Home Value | $372,103 |
| Average Home Value | $421,420 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,036
Multi-Family
414
Businesses
546
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Listed by: Benjamin Wong • Sterling Royal Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225107956