220 S Madera Ave SPACE 10KermanCA93630
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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 Kerman at 220 S Madera Ave SPACE 10, Kerman, CA, 93630 generates $864/mo in rent and, after a $538/mo payment, leaves $184/mo in cash flow. Total monthly income is $864/mo, and annual cash flow is $2,207/yr on $36,465 invested. Return on cash invested sits at 25.96% in year one, and rental yield is 9.43% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.28% and total cumulative return in cash sums $49,332. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $864/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93630, Kerman, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,378 (100%) |
| Owner Occupied HU | 3,568 (55.9%) |
| Renter Occupied HU | 2,583 (40.5%) |
| Vacant Housing Units | 227 ( 3.6%) |
| Median Home Value | $394,944 |
| Average Home Value | $412,571 |
Housing Distribution
Address Breakdown
Residential
6,158
Single Family
5,727
Multi-Family
431
Businesses
451
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Listed by: Michael Tran • Keller Williams Fresno
Mls Name: Fresno MLS
Mls ID: #641532