20808 S Renn AveLatonCA93242
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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 Laton at 20808 S Renn Ave, Laton, CA, 93242 listed at $265,000 pairs $1,663/mo rent with a $1,297/mo payment to leave $24/mo cash flow. Total monthly income runs $1,663/mo, and annual cash flow reaches $284/yr on $87,848 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 7.53% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 104.57% and total cumulative return in cash totals $91,863. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,663/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
4,917 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93242, Laton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 511 (51.0%) |
| Renter Occupied HU | 434 (43.4%) |
| Vacant Housing Units | 56 ( 5.6%) |
| Median Home Value | $406,757 |
| Average Home Value | $501,311 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
52
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Listed by: Kelly E. Mahoney • Realty World Advantage
Mls Name: Kings County MLS
Mls ID: #233425