13450 S Oak AveCaruthersCA93609
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 13450 S Oak Ave, Caruthers, CA, 93609 in Caruthers. Rental yield 2.89%. At $684,999 with 2.89% gross yield, current distributions are modest, but the 5% appreciation rate projects $189,253 in new equity by year five, complemented by $6,309/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.54) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $93,200.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 6.5% |
| Monthly Cash Flow | $(2,589) | $300 |
City averages based on Caruthers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,649 |
| Total Monthly Debt Service | $3,965 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1968
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93609, Caruthers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,644 (100%) |
| Owner Occupied HU | 826 (50.2%) |
| Renter Occupied HU | 739 (45.0%) |
| Vacant Housing Units | 79 ( 4.8%) |
| Median Home Value | $347,458 |
| Average Home Value | $397,458 |
Housing Distribution
Address Breakdown
Residential
1,256
Single Family
1,256
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
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
Multi Family
Built in 1968
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93609, Caruthers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,644 (100%) |
| Owner Occupied HU | 826 (50.2%) |
| Renter Occupied HU | 739 (45.0%) |
| Vacant Housing Units | 79 ( 4.8%) |
| Median Home Value | $347,458 |
| Average Home Value | $397,458 |
Housing Distribution
Address Breakdown
Residential
1,256
Single Family
1,256
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Narek Bznuni • Elevate Asset Management, Inc.
Mls Name: Fresno MLS
Mls ID: #635969