15605 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 15605 Morgan Canyon Rd, Prather, CA, 93651 earns $983/mo cash flow from $4,379/mo rent with a $2,687/mo payment. Total monthly income totals $4,379/mo, and annual cash flow totals $11,794/yr on $180,621 capital. ROI tracks 26.59% on current figures, and rental yield reads 9.57% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 138.63% and total cumulative return in cash sums $250,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,379/mo property income instead of your personal income.
Single Family
Built in 1972
8.05 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: Terry Babcock • Terry Babcock, Broker
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #613032
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.