213 Kelly AveParlierCA93648
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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
Rental property for sale in Parlier at 213 Kelly Ave, Parlier, CA, 93648 generates $4,289/mo in rent and, after a $1,664/mo payment, leaves $2,003/mo in cash flow. Total monthly income is $4,289/mo, and annual cash flow is $24,034/yr on $112,710 invested. Return on cash invested sits at 41.23% in year one, and rental yield is 15.14% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 217.88% and total cumulative return in cash sums $245,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,289/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93648, Parlier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,047 (48.5%) |
| Renter Occupied HU | 1,871 (44.3%) |
| Vacant Housing Units | 302 ( 7.2%) |
| Median Home Value | $269,774 |
| Average Home Value | $373,034 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,527
Multi-Family
355
Businesses
167
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Listed by: Diana Monroy • Real Broker
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #617812
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.