567 E Lassen Ave SPACE 109ChicoCA95973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chico at 567 E Lassen Ave SPACE 109, Chico, CA, 95973 listed at $112,500 pairs $862/mo rent with a $551/mo payment to leave $166/mo cash flow. Total monthly income runs $862/mo, and annual cash flow reaches $1,988/yr on $37,294 cash to close. Return on cash invested measures 25.24% in year one, and rental yield registers 9.19% at a $112,500 basis. Equity gained on principal adds $726/yr, and annual property appreciation at 5% supports $31,082 by year five. Five-year ROI tracks 131.45% and total cumulative return in cash totals $49,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $862/mo property income relative to a $551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2019
1,144 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sima Saboury • Porchlight Real Estate Brokers
Mls Name: CRMLS
Mls ID: #SN25255976