1503 Klepper StKingsburgCA93631
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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 Kingsburg at 1503 Klepper St, Kingsburg, CA, 93631 uses $149,175 cash to close to unlock $2,301/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $2,976/mo, and a $2,203/mo payment keeps the spread at $192/mo. Purchase price stands at $450,000, and rental yield measures 7.94% with $2,976/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 111.11% and total cumulative return in cash records $165,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,976/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1977
9,038 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93631, Kingsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,275 (100%) |
| Owner Occupied HU | 3,900 (62.2%) |
| Renter Occupied HU | 2,125 (33.9%) |
| Vacant Housing Units | 250 ( 4.0%) |
| Median Home Value | $449,592 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
6,201
Single Family
5,926
Multi-Family
275
Businesses
531
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Listed by: Mark D. Campbell • Modern Broker
Mls Name: Fresno MLS
Mls ID: #623800