109 Alameda AveChowchillaCA93610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chowchilla at 109 Alameda Ave, Chowchilla, CA, 93610 offers a 7.86% rental yield on a $330,000 purchase with $2,162/mo rent. Total monthly income registers $2,162/mo, and a $1,615/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,449/yr on $109,395 to close, and return on cash invested stands at 21.23% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 109.95% and total cumulative return in cash at $120,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,162/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93610, Chowchilla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 3,067 (50.7%) |
| Renter Occupied HU | 2,633 (43.5%) |
| Vacant Housing Units | 353 ( 5.8%) |
| Median Home Value | $387,859 |
| Average Home Value | $471,642 |
Housing Distribution
Address Breakdown
Residential
5,980
Single Family
5,831
Multi-Family
149
Businesses
507
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Nearby investment properties with comparable prices
Listed by: Joshua Kayl Gregorio • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202410663
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.