356 Kelly Ridge RdOrovilleCA95966
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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 356 Kelly Ridge Rd, Oroville, CA, 95966 with 5% annual appreciation on a $149,900 basis while $1,192/mo rent supports operations. Total monthly income totals $1,192/mo and a $734/mo payment preserves $264/mo for cash returns. Annual cash flow comes to $3,173/yr on $49,692 deployed, and return on cash invested reaches 26.29% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.54%. Five-year ROI measures 137.16% and total cumulative return in cash totals $68,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,192/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1976
0.84 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: Jamie Engen • Bidwell Realty
Mls Name: CRMLS
Mls ID: #OR25202330