227 S Magnolia AveFarmersvilleCA93223
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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 Farmersville at 227 S Magnolia Ave, Farmersville, CA, 93223 priced at $255,000 converts $1,831/mo rent into $254/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,831/mo, and annual cash flow totals $3,043/yr on $84,533 invested. Return on cash invested prints 23.51% in year one, and rental yield reads 8.62% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 122.15% and total cumulative return in cash sums $103,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,831/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,812 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93223, Farmersville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,972 (100%) |
| Owner Occupied HU | 1,816 (61.1%) |
| Renter Occupied HU | 1,064 (35.8%) |
| Vacant Housing Units | 92 ( 3.1%) |
| Median Home Value | $293,925 |
| Average Home Value | $383,918 |
Housing Distribution
Address Breakdown
Residential
2,756
Single Family
2,653
Multi-Family
103
Businesses
199
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Listed by: Enrique Ruiz-Sanchez • Real Broker
Mls Name: Fresno MLS
Mls ID: #624366