2001 Aspen LnMaderaCA93637
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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
Rental property for sale in Madera at 2001 Aspen Ln, Madera, CA, 93637 priced at $450,000 converts $2,366/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,366/mo. Return on cash invested prints 15.29% in year one, and rental yield reads 6.31% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 78.56% and total cumulative return in cash sums $117,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,366/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1994
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93637, Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,874 (100%) |
| Owner Occupied HU | 7,256 (56.4%) |
| Renter Occupied HU | 5,001 (38.8%) |
| Vacant Housing Units | 617 ( 4.8%) |
| Median Home Value | $413,076 |
| Average Home Value | $527,031 |
Housing Distribution
Address Breakdown
Residential
12,929
Single Family
11,867
Multi-Family
1,062
Businesses
969
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Listed by: Elizabeth Lopez • London Properties, Ltd.
Mls Name: Fresno MLS
Mls ID: #633919