12423 Avenue 407CutlerCA93615
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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 Cutler at 12423 Avenue 407, Cutler, CA, 93615 offers a 8.96% rental yield on a $224,200 purchase with $1,674/mo rent. Total monthly income registers $1,674/mo, and a $1,097/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,449/yr on $74,322 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $1,447/yr while 5% annual appreciation supports $61,942 over five years. Portfolio math shows five-year ROI at 127.76% and total cumulative return in cash at $94,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $1,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
6,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93615, Cutler, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 586 (40.7%) |
| Renter Occupied HU | 790 (54.9%) |
| Vacant Housing Units | 64 ( 4.4%) |
| Median Home Value | $226,875 |
| Average Home Value | $285,606 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
61
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Listed by: Erika Robles • Keller Williams Realty A.V.
Mls Name: TCMLS
Mls ID: #239554