10929 Cedar StArmonaCA93202
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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
Rental property for sale in Armona at 10929 Cedar St, Armona, CA, 93202 priced at $275,000 pairs $2,767/mo rent with $1,066/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,767/mo, and annual cash flow comes to $12,789/yr on $91,163 invested. Return on cash invested is 33.94% in year one, and rental yield stands at 12.07% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 178.07% and total cumulative return in cash reaches $162,335. For financing, Ziffy Mortgage’s DSCR program evaluates $2,767/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93202, Armona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 743 (59.0%) |
| Renter Occupied HU | 475 (37.7%) |
| Vacant Housing Units | 41 ( 3.3%) |
| Median Home Value | $329,967 |
| Average Home Value | $337,429 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
68
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Listed by: Maria Ortiz • Iron Key Real Estate
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #618081
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