64 Lexington 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 64 Lexington Dr, Chico, CA, 95973 offers $2,620/mo rent that, after a $2,100/mo payment. Total monthly income is $2,620/mo. Return on cash invested measures 19.62% in year one, and rental yield stands at 7.33% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 101.3% and total cumulative return in cash reaches $144,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,620/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
6,098 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: Jessica Sorenson • Re/Max of Chico
Mls Name: CRMLS
Mls ID: #SN25194848