1218 E Cleveland Ave SPACE 183MaderaCA93638
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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
Investment property for sale in Madera at 1218 E Cleveland Ave SPACE 183, Madera, CA, 93638 listed at $120,000 pairs $953/mo rent with a $587/mo payment. Total monthly income runs $953/mo. Return on cash invested measures 1.06% in year one, and rental yield registers 9.53% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 10.88% and total cumulative return in cash totals $4,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $953/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1979
3.96 Acres lot
$N/A/sqft
$836 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93638, Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,021 (100%) |
| Owner Occupied HU | 7,020 (53.9%) |
| Renter Occupied HU | 5,473 (42.0%) |
| Vacant Housing Units | 528 ( 4.1%) |
| Median Home Value | $356,944 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
12,884
Single Family
12,190
Multi-Family
694
Businesses
622
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Listed by: Rosa M. Ochoa • Realty World Real Estate Profe
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #622509
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