22375 Fairmead CirChowchillaCA93610
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
Investment Highlights
Rental property for sale in Chowchilla at 22375 Fairmead Cir, Chowchilla, CA, 93610 generates $2,369/mo in rent and, after a $1,747/mo payment, leaves $87/mo in cash flow. Total monthly income is $2,369/mo, and annual cash flow is $1,049/yr on $118,346 invested. Return on cash invested sits at 20.8% in year one, and rental yield is 7.96% on a $357,000 entry. Equity gained on principal adds $2,304/yr, while 5% annual appreciation builds toward $98,633 over five years. Five-year ROI reaches 107.88% and total cumulative return in cash sums $127,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,369/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93610, Chowchilla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 3,067 (50.7%) |
| Renter Occupied HU | 2,633 (43.5%) |
| Vacant Housing Units | 353 ( 5.8%) |
| Median Home Value | $387,859 |
| Average Home Value | $471,642 |
Housing Distribution
Address Breakdown
Residential
5,980
Single Family
5,831
Multi-Family
149
Businesses
507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alyssia Arredondo • RE/MAX Gold
Mls Name: Fresno MLS
Mls ID: #631912