1405 Monterey AveChowchillaCA93610
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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
Rental property for sale in Chowchilla at 1405 Monterey Ave, Chowchilla, CA, 93610 priced at $294,900 pairs $2,006/mo rent with $182/mo cash flow after a $1,443/mo payment. Total monthly income equals $2,006/mo, and annual cash flow comes to $2,185/yr on $97,759 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.16% on a $294,900 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,475 by year five. Five-year ROI measures 114.86% and total cumulative return in cash reaches $112,291. For financing, Ziffy Mortgage’s DSCR program evaluates $2,006/mo property income against a $1,443/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93610, Chowchilla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 3,067 (50.7%) |
| Renter Occupied HU | 2,633 (43.5%) |
| Vacant Housing Units | 353 ( 5.8%) |
| Median Home Value | $387,859 |
| Average Home Value | $471,642 |
Housing Distribution
Address Breakdown
Residential
5,980
Single Family
5,831
Multi-Family
149
Businesses
507
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Listed by: Sarah Gillespie • Executive Realty Associates
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #619453
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.