15656 Millerton 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
Rental property for sale in Prather at 15656 Millerton Rd, Prather, CA, 93651 generates $3,575/mo in rent, after a $3,108/mo payment. Total monthly income is $3,575/mo. Return on cash invested sits at 18.03% in year one, and rental yield is 6.76% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 92.73% and total cumulative return in cash sums $193,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,575/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
2.24 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: #636279