21120 S Cornelia AveRiverdaleCA93656
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 21120 S Cornelia Ave, Riverdale, CA, 93656 in Riverdale. Rental yield 1.94%. At $1,400,000 with 1.94% gross yield, current distributions are modest, but the 5% appreciation rate projects $386,794 in new equity by year five, complemented by $12,894/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.36) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $119,343.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 7.0% |
| Monthly Cash Flow | $(6,395) | $1,200 |
City averages based on Riverdale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,266 |
| Total Monthly Debt Service | $8,104 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1924
39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93656, Riverdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,907 (100%) |
| Owner Occupied HU | 997 (52.3%) |
| Renter Occupied HU | 818 (42.9%) |
| Vacant Housing Units | 92 ( 4.8%) |
| Median Home Value | $284,428 |
| Average Home Value | $362,094 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,542
Multi-Family
51
Businesses
114
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 1924
39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93656, Riverdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,907 (100%) |
| Owner Occupied HU | 997 (52.3%) |
| Renter Occupied HU | 818 (42.9%) |
| Vacant Housing Units | 92 ( 4.8%) |
| Median Home Value | $284,428 |
| Average Home Value | $362,094 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,542
Multi-Family
51
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Fresno MLS
Mls ID: #632005