221 College AveCoalingaCA93210
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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 Coalinga at 221 College Ave, Coalinga, CA, 93210 generates $1,741/mo in rent and, after a $1,273/mo payment, leaves $112/mo in cash flow. Total monthly income is $1,741/mo, and annual cash flow is $1,339/yr on $86,190 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 8.04% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 111.29% and total cumulative return in cash sums $95,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,741/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93210, Coalinga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,998 (100%) |
| Owner Occupied HU | 2,418 (48.4%) |
| Renter Occupied HU | 2,175 (43.5%) |
| Vacant Housing Units | 405 ( 8.1%) |
| Median Home Value | $300,407 |
| Average Home Value | $332,142 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,081
Multi-Family
533
Businesses
362
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Listed by: Alexander E. Salazar • RE/MAX Gold
Mls Name: Fresno MLS
Mls ID: #628594