218 Knox CtMaderaCA93638
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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 Madera at 218 Knox Ct, Madera, CA, 93638 priced at $389,900 converts $3,482/mo rent into $1,070/mo cash flow after a $1,908/mo obligation. Total monthly income equals $3,482/mo, and annual cash flow totals $12,845/yr on $129,252 invested. Return on cash invested prints 29.85% in year one, and rental yield reads 10.72% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 156.15% and total cumulative return in cash sums $201,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,482/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,268 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93638, Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,021 (100%) |
| Owner Occupied HU | 7,020 (53.9%) |
| Renter Occupied HU | 5,473 (42.0%) |
| Vacant Housing Units | 528 ( 4.1%) |
| Median Home Value | $356,944 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
12,884
Single Family
12,190
Multi-Family
694
Businesses
622
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Listed by: Maricela Lizarraga • M.C. Real Estate Corp
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #614799
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.