71 Washboard LnOrovilleCA95966
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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 Oroville at 71 Washboard Ln, Oroville, CA, 95966 priced at $325,000 pairs $2,040/mo rent with $29/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,040/mo, and annual cash flow comes to $350/yr on $107,738 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 7.53% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 104.61% and total cumulative return in cash reaches $112,705. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2020
0.81 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: Chelle Callo • DoorTru
Mls Name: CRMLS
Mls ID: #SN25247544