1463 Cedar LnLemooreCA93245
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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 Lemoore at 1463 Cedar Ln, Lemoore, CA, 93245 listed at $350,000 pairs $2,219/mo rent with a $1,713/mo payment to leave $54/mo cash flow. Total monthly income runs $2,219/mo, and annual cash flow reaches $647/yr on $116,025 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 7.61% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 105.82% and total cumulative return in cash totals $122,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,219/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
7,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
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Listed by: Patricia Guerra • London Properties,Ltd: Hanford
Mls Name: Kings County MLS
Mls ID: #233039