20275 Fremont AveLemooreCA93245
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 Lemoore at 20275 Fremont Ave, Lemoore, CA, 93245 priced at $699,900 converts $3,097/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,097/mo. Return on cash invested prints 13.36% in year one, and rental yield reads 5.31% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 67.77% and total cumulative return in cash sums $156,056. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,097/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1997
13.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93245, Lemoore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 6,236 (46.3%) |
| Renter Occupied HU | 6,351 (47.2%) |
| Vacant Housing Units | 870 ( 6.5%) |
| Median Home Value | $354,338 |
| Average Home Value | $398,054 |
Housing Distribution
Address Breakdown
Residential
12,775
Single Family
11,654
Multi-Family
1,121
Businesses
614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brianne R. McCallister • Top Hook Realty Inc.
Mls Name: Fresno MLS
Mls ID: #632617