406 Tanglewood PkwyOrovilleCA95966
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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 406 Tanglewood Pkwy, Oroville, CA, 95966 priced at $120,000 converts $950/mo rent into $208/mo cash flow after a $587/mo obligation. Total monthly income equals $950/mo, and annual cash flow totals $2,496/yr on $39,780 invested. Return on cash invested prints 26.18% in year one, and rental yield reads 9.5% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 136.46% and total cumulative return in cash sums $54,283. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $950/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
N/A 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: Joshua Van Eck • Meagher & Tomlinson Company
Mls Name: CRMLS
Mls ID: #SN25247444