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MarketsMarket MapChico, CA
Metropolitan Area

Chico, CA

California0
48
/100
Hold
#748 of 894 metros
Top 84% nationally for investing

Market Snapshot

$401,581
Median Home Price
58% above national median
$1,601/mo
Median Rent
16% above national median
4.78%
Rent-to-Price Ratio
Top 79% nationally
-$1,065
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$401,581
Down Payment (20%)$80,316
Loan Amount$321,265
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,601
Monthly P&I-$2,105
Est. Expenses (35%)-$560
Net Cash Flow-$1,064/mo
3.1%
Cap Rate (all cash)
-13.8%
Cash-on-Cash Return
4.78%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.1% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
48/100
48
Cash Flow(30%)
42/100

Based on 4.78% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
57/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
44/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (4.78%)
  • -Negative cash flow at typical financing (-$1,065/mo)
  • -Negative leverage (cap rate 3.1% < mortgage rate 6.9%)

Counties in Chico, CA

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Big Stone Gap, VA
Big Stone Gap, VA
68$132,455Est.BuyView
Wisconsin Rapids, WI
Wisconsin Rapids, WI
68$229,999$1,0665.56%BuyView
Calhoun, GA
Calhoun, GA
68$279,627$1,6357.02%BuyView
Parsons, KS
Parsons, KS
68$97,701Est.BuyView
Austin, MN
Austin, MN
68$205,004$9775.72%BuyView
Current
Chico, CA
48$401,581$1,6014.78%Hold

Rent vs buy in this metro

Rent vs buy in Chico, CAMedian $389,816 · rent $1,616/mo

The Bottom Line

HoldChico, CA is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Chico, CA metro area scores 48/100, ranking #748 of 894 US metros (top 84%). The 4.78% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,065/mo
Cap Rate
3.1%
Cash-on-Cash
-15.9%

Ready to Invest in Chico, CA?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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