16240 S Fowler AveSelmaCA93662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Selma at 16240 S Fowler Ave, Selma, CA, 93662 priced at $923,038 converts $4,888/mo rent into after a $4,518/mo obligation. Total monthly income equals $4,888/mo. Return on cash invested prints 15.82% in year one, and rental yield reads 6.35% against a $923,038 entry. Equity gained on principal adds $5,956/yr, while 5% annual appreciation compiles into $255,018 by year five. Five-year ROI reaches 81.23% and total cumulative return in cash sums $246,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,888/mo property income covering a $4,518/mo payment, not borrower’s personal income.
Single Family
Built in N/A
19.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A