130 Candice AveParlierCA93648
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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 Parlier at 130 Candice Ave, Parlier, CA, 93648 uses $112,710 cash to close to unlock $3,862/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $2,425/mo, and a $1,664/mo payment keeps the spread at $322/mo. Purchase price stands at $340,000, and rental yield measures 8.56% with $2,425/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 121.22% and total cumulative return in cash records $136,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,425/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2001
5,044 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93648, Parlier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,047 (48.5%) |
| Renter Occupied HU | 1,871 (44.3%) |
| Vacant Housing Units | 302 ( 7.2%) |
| Median Home Value | $269,774 |
| Average Home Value | $373,034 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,527
Multi-Family
355
Businesses
167
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Listed by: Sarah Gillespie • Executive Realty Associates
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617725
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.