1228 Monterey AvenueMaderaCA93637
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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 1228 Monterey Avenue, Madera, CA, 93637 uses $159,120 cash to close to unlock $372/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $2,349/mo payment keeps the spread at $31/mo. Purchase price stands at $480,000, and rental yield measures 7.5% with $3,000/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 104.08% and total cumulative return in cash records $165,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93637, Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,874 (100%) |
| Owner Occupied HU | 7,256 (56.4%) |
| Renter Occupied HU | 5,001 (38.8%) |
| Vacant Housing Units | 617 ( 4.8%) |
| Median Home Value | $413,076 |
| Average Home Value | $527,031 |
Housing Distribution
Address Breakdown
Residential
12,929
Single Family
11,867
Multi-Family
1,062
Businesses
969
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Listed by: Alex Salazar • Re/Max Gold
Mls Name: TCMLS
Mls ID: #239102