352 Panama AveChicoCA95973
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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 Chico at 352 Panama Ave, Chico, CA, 95973 offers $2,513/mo rent that, after a $2,325/mo payment. Total monthly income is $2,513/mo. Return on cash invested measures 16.67% in year one, and rental yield stands at 6.35% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 85.46% and total cumulative return in cash reaches $134,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,513/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
1.98 Acres 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: Vicki Mann • Realty One Group Complete
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224082914
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.