203 J StMendotaCA93640
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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
Investment property for sale in Mendota at 203 J St, Mendota, CA, 93640 uses $84,533 cash to close to unlock $1,315/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $1,248/mo payment keeps the spread at $110/mo. Purchase price stands at $255,000, and rental yield measures 7.94% with $1,687/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 111.19% and total cumulative return in cash records $93,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93640, Mendota, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,456 (44.9%) |
| Renter Occupied HU | 1,714 (52.8%) |
| Vacant Housing Units | 74 ( 2.3%) |
| Median Home Value | $269,341 |
| Average Home Value | $351,000 |
Housing Distribution
Address Breakdown
Residential
2,987
Single Family
2,556
Multi-Family
431
Businesses
197
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Listed by: Cynthia Gastelum • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #627804