72 Northwood Commons PlChicoCA95973
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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 Chico at 72 Northwood Commons Pl, Chico, CA, 95973 uses $119,009 cash to close to unlock $9,663/yr annual cash flow and $805/mo monthly cash flow. Total monthly income runs $3,026/mo, and a $1,757/mo payment keeps the spread at $805/mo. Purchase price stands at $359,000, and rental yield measures 10.11% with $3,026/mo rent. Return on cash invested shows 28.03% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 146.41% and total cumulative return in cash records $174,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,026/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Condo
Built in 1977
2,614 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: Kathryn Binsley • Parkway Real Estate Co.
Mls Name: CRMLS
Mls ID: #SN25126704