1585 Grand AveFillmoreCA93015
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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 Fillmore at 1585 Grand Ave, Fillmore, CA, 93015 listed at $875,000 pairs $3,334/mo rent with a $4,283/mo payment. Total monthly income runs $3,334/mo. Return on cash invested measures 11.39% in year one, and rental yield registers 4.57% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 57.13% and total cumulative return in cash totals $164,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,334/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93015, Fillmore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,986 (100%) |
| Owner Occupied HU | 3,857 (64.4%) |
| Renter Occupied HU | 1,848 (30.9%) |
| Vacant Housing Units | 281 ( 4.7%) |
| Median Home Value | $652,909 |
| Average Home Value | $708,417 |
Housing Distribution
Address Breakdown
Residential
5,904
Single Family
5,548
Multi-Family
356
Businesses
275
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Listed by: Cindy Diaz-Telly • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #V1-32956