8 Geneva LnChicoCA95926
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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 8 Geneva Ln, Chico, CA, 95926 offers $3,327/mo rent that, after a $2,643/mo payment. Total monthly income is $3,327/mo. Return on cash invested measures 19.97% in year one, and rental yield stands at 7.39% at a $540,000 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 103.14% and total cumulative return in cash reaches $183,230. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,327/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95926, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 6,854 (39.1%) |
| Renter Occupied HU | 9,482 (54.1%) |
| Vacant Housing Units | 1,196 ( 6.8%) |
| Median Home Value | $479,496 |
| Average Home Value | $534,728 |
Housing Distribution
Address Breakdown
Residential
16,073
Single Family
12,262
Multi-Family
3,811
Businesses
1,313
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Listed by: John Lawrence • Chico Area Realty
Mls Name: CRMLS
Mls ID: #SN25128390