6073 Kanaka AveOrovilleCA95966
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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 6073 Kanaka Ave, Oroville, CA, 95966 offers a 8.73% rental yield on a $499,000 purchase with $3,632/mo rent. Total monthly income registers $3,632/mo, and a $2,442/mo payment leaves $545/mo available for distribution. Annual cash flow reaches $6,545/yr on $165,419 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 124.07% and total cumulative return in cash at $205,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,632/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.45 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: Christine Hale • Keller Williams Realty Chico Area
Mls Name: CRMLS
Mls ID: #SN25241765