818 Chestnut StChicoCA95928
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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 818 Chestnut St, Chico, CA, 95928 priced at $825,000 pairs $2,150/mo rent with after a $4,038/mo payment. Total monthly income equals $2,150/mo. Return on cash invested is 7% in year one, and rental yield stands at 3.13% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 33.59% and total cumulative return in cash reaches $91,185. For financing, Ziffy Mortgage’s DSCR program evaluates $2,150/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1902
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95928, Chico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,919 (100%) |
| Owner Occupied HU | 6,931 (38.7%) |
| Renter Occupied HU | 9,500 (53.0%) |
| Vacant Housing Units | 1,488 ( 8.3%) |
| Median Home Value | $507,386 |
| Average Home Value | $561,987 |
Housing Distribution
Address Breakdown
Residential
16,740
Single Family
12,881
Multi-Family
3,859
Businesses
1,892
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Listed by: Matt Depa • Re/Max of Chico
Mls Name: CRMLS
Mls ID: #SN25180679