21260 S Elm AvenueLatonCA93242
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 21260 S Elm Avenue, Laton, CA, 93242 in Laton. Priced at $250,000, it generates $2,431/mo in gross rent and $885/mo in net monthly cash flow, a 11.67% yield that comfortably supports the 2.16 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,616. Five-year appreciation: $69,070. Equity from principal paydown: $2,303/yr. Total projected cumulative return: $151,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.0% |
| Monthly Cash Flow | $885 | $300 |
City averages based on Laton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,431 |
| Total Monthly Debt Service | $1,447 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 1983
9.37 Acres 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
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
Manufactured
Built in 1983
9.37 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Fernandez • Century 21 Jordan-Link & Company
Mls Name: TCMLS
Mls ID: #239699