2198 Canal Farm LnLos BanosCA93635
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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 Los Banos at 2198 Canal Farm Ln, Los Banos, CA, 93635 generates $2,731/mo in rent and, after a $2,103/mo payment, leaves $73/mo in cash flow. Total monthly income is $2,731/mo, and annual cash flow is $875/yr on $142,462 invested. Return on cash invested sits at 20.52% in year one, and rental yield is 7.63% on a $429,750 entry. Equity gained on principal adds $2,773/yr, while 5% annual appreciation builds toward $118,732 over five years. Five-year ROI reaches 106.13% and total cumulative return in cash sums $151,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,731/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
6,146 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93635, Los Banos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,527 (100%) |
| Owner Occupied HU | 9,325 (60.1%) |
| Renter Occupied HU | 5,581 (35.9%) |
| Vacant Housing Units | 621 ( 4.0%) |
| Median Home Value | $433,586 |
| Average Home Value | $484,654 |
Housing Distribution
Address Breakdown
Residential
15,020
Single Family
14,691
Multi-Family
329
Businesses
1,012
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Listed by: Gary DiGrazia • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls ID: #225117558