146 S Magnolia Ave AvenueFarmersvilleCA93223
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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 Farmersville at 146 S Magnolia Ave Avenue, Farmersville, CA, 93223 generates $1,012/mo in rent and, after a $636/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,012/mo, and annual cash flow is $2,497/yr on $43,092 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 9.34% on a $129,990 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,914 over five years. Five-year ROI reaches 134% and total cumulative return in cash sums $57,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,012/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93223, Farmersville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,816 (61.1%) |
| Renter Occupied HU | 1,064 (35.8%) |
| Vacant Housing Units | 92 ( 3.1%) |
| Median Home Value | $293,925 |
| Average Home Value | $383,918 |
Housing Distribution
Address Breakdown
Residential
2,756
Single Family
2,653
Multi-Family
103
Businesses
199
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Listed by: Jose Tapia • Century 21 Jordan-Link - Porterville Morton 878
Mls Name: TCMLS
Mls ID: #238779