196 Elmwood StFillmoreCA93015
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder196 Elmwood St, Fillmore, CA, 93015 in Fillmore is a solid income-producing rental, 7.85% gross yield, $4,483/mo rent, $246/mo net cash flow on a $685,000 buy. DSCR 1.46 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $189,253 and $6,309/yr in principal reduction project a total cumulative return of $275,564.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.5% |
| Monthly Cash Flow | $246 | $400 |
City averages based on Fillmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,483 |
| Total Monthly Debt Service | $3,965 |
| 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 2016
1,742 sqft 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
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 2016
1,742 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lissette Carretero • JohnHart Real Estate
Mls Name: CRMLS
Mls ID: #V1-32105