220 S Madera Ave Space 10KermanCA93630
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 220 S Madera Ave Space 10, Kerman, CA, 93630 in Kerman at $100,000 earns $798/mo in rent and nets $179/mo after the $450/mo payment, a 9.58% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $27,628 over five years. Ziffy Mortgage underwrites this on a 1.77 DSCR without U.S. credit history. With $921/yr in principal paydown, total projected return reaches $49,457.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.0% |
| Monthly Cash Flow | $179 | $500 |
City averages based on Kerman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $798 |
| Total Monthly Debt Service | $579 |
| DSCR Ratio | 1.38x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Fresno MLS
Mls ID: #641532