188 E Citrus DriveFarmersvilleCA93223
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 Farmersville at 188 E Citrus Drive, Farmersville, CA, 93223 priced at $334,900 pairs $2,358/mo rent with $286/mo cash flow after a $1,639/mo payment. Total monthly income equals $2,358/mo, and annual cash flow comes to $3,437/yr on $111,019 invested. Return on cash invested is 23% in year one, and rental yield stands at 8.45% on a $334,900 basis. Equity gained on principal adds $2,161/yr, and 5% annual appreciation accumulates to $92,527 by year five. Five-year ROI measures 119.46% and total cumulative return in cash reaches $132,625. For financing, Ziffy Mortgage’s DSCR program evaluates $2,358/mo property income against a $1,639/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
7,897 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93223, Farmersville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,816 (61.1%) |
| Renter Occupied HU | 1,064 (35.8%) |
| Vacant Housing Units | 92 ( 3.1%) |
| Median Home Value | $293,925 |
| Average Home Value | $383,918 |
Housing Distribution
Address Breakdown
Residential
2,756
Single Family
2,653
Multi-Family
103
Businesses
199
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Listed by: Adrienne H Fox • Gutierrez Appraisals & Realty
Mls Name: TCMLS
Mls ID: #239129