598 El Reno DrChicoCA95973
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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 598 El Reno Dr, Chico, CA, 95973 priced at $425,000 converts $2,358/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,358/mo. Return on cash invested prints 17.6% in year one, and rental yield reads 6.66% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 90.49% and total cumulative return in cash sums $127,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,358/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,019 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
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Listed by: Michael Zuccolillo • Simplistic Realty
Mls Name: CRMLS
Mls ID: #PA25147771