6338 Berkshire AveParadiseCA95969
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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 Paradise at 6338 Berkshire Ave, Paradise, CA, 95969 uses $89,505 cash to close to unlock $3,783/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,986/mo, and a $1,322/mo payment keeps the spread at $315/mo. Purchase price stands at $270,000, and rental yield measures 8.83% with $1,986/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 125.55% and total cumulative return in cash records $112,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,986/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95969, Paradise, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,790 (100%) |
| Owner Occupied HU | 3,183 (66.5%) |
| Renter Occupied HU | 972 (20.3%) |
| Vacant Housing Units | 635 (13.3%) |
| Median Home Value | $437,431 |
| Average Home Value | $467,827 |
Housing Distribution
Address Breakdown
Residential
5,056
Single Family
4,924
Multi-Family
132
Businesses
189
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Listed by: Nino Pinocchio • Keller Williams Realty Chico Area
Mls Name: CRMLS
Mls ID: #SN26007749