331 La Mirada AveOrovilleCA95966
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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
Rental property for sale in Oroville at 331 La Mirada Ave, Oroville, CA, 95966 offers $2,672/mo rent that, after a $2,095/mo payment, leaves $24/mo cash flow. Total monthly income is $2,672/mo, and annual cash flow is $290/yr on $141,882 cash. Return on cash invested measures 20.11% in year one, and rental yield stands at 7.49% at a $428,000 entry. Equity gained on principal adds $2,762/yr while 5% annual appreciation compounds into $118,249 by year five. Five-year ROI records 103.95% and total cumulative return in cash reaches $147,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,672/mo property income versus a $2,095/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
4.43 Acres 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: Lauralyn A. Lambert • Table Mountain Realty, Inc.
Mls Name: CRMLS
Mls ID: #OR25221497