1006 Simonian AveFowlerCA93625
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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 Fowler at 1006 Simonian Ave, Fowler, CA, 93625 offers $3,532/mo rent that, after a $2,834/mo payment. Total monthly income is $3,532/mo. Return on cash invested measures 19.75% in year one, and rental yield stands at 7.32% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 101.95% and total cumulative return in cash reaches $194,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,532/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
7,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93625, Fowler, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,962 (100%) |
| Owner Occupied HU | 1,787 (60.3%) |
| Renter Occupied HU | 1,041 (35.1%) |
| Vacant Housing Units | 134 ( 4.5%) |
| Median Home Value | $468,048 |
| Average Home Value | $551,849 |
Housing Distribution
Address Breakdown
Residential
2,795
Single Family
2,556
Multi-Family
239
Businesses
276
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Listed by: Gurnek Nagra • RE/MAX Gold
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.