15478 Morgan Canyon RdPratherCA93651
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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 Prather at 15478 Morgan Canyon Rd, Prather, CA, 93651 uses $157,463 cash to close to unlock $4,637/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $3,325/mo, and a $2,325/mo payment keeps the spread at $386/mo. Purchase price stands at $475,000, and rental yield measures 8.4% with $3,325/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 118.64% and total cumulative return in cash records $186,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,325/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1996
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93651, Prather, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 474 (78.7%) |
| Renter Occupied HU | 77 (12.8%) |
| Vacant Housing Units | 51 ( 8.5%) |
| Median Home Value | $558,654 |
| Average Home Value | $572,706 |
Housing Distribution
Address Breakdown
Residential
484
Single Family
484
Multi-Family
0
Businesses
76
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Listed by: Monica Hansen • Sierra Crest Properties
Mls Name: Fresno MLS
Mls ID: #624372