170 Willow Springs AveCoalingaCA93210
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 170 Willow Springs Ave, Coalinga, CA, 93210 in Coalinga worth modelling. At $299,999 with a 7.88% gross yield, the $1,970/mo rent leaves $115/mo after the $1,349/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.46 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $82,884 by year five; $2,763/yr in principal reduction adds further equity. Total projected return: $121,120.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $115 | $1,500 |
City averages based on Coalinga market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,970 |
| Total Monthly Debt Service | $1,736 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93210, Coalinga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,998 (100%) |
| Owner Occupied HU | 2,418 (48.4%) |
| Renter Occupied HU | 2,175 (43.5%) |
| Vacant Housing Units | 405 ( 8.1%) |
| Median Home Value | $300,407 |
| Average Home Value | $332,142 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,081
Multi-Family
533
Businesses
362
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
Single Family
Built in 1993
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93210, Coalinga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,998 (100%) |
| Owner Occupied HU | 2,418 (48.4%) |
| Renter Occupied HU | 2,175 (43.5%) |
| Vacant Housing Units | 405 ( 8.1%) |
| Median Home Value | $300,407 |
| Average Home Value | $332,142 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,081
Multi-Family
533
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Figueroa • Berkshire Hathaway HS Real Time Realty
Mls Name: MLSListings Inc
Mls ID: #ML82035823