23072 Bruce DriveStrathmoreCA93267
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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
Investment property for sale in Strathmore at 23072 Bruce Drive, Strathmore, CA, 93267 uses $87,848 cash to close to unlock $2,444/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,297/mo payment keeps the spread at $204/mo. Purchase price stands at $265,000, and rental yield measures 8.35% with $1,843/mo rent. Return on cash invested shows 22.69% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 117.77% and total cumulative return in cash records $103,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Multi Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93267, Strathmore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,704 (100%) |
| Owner Occupied HU | 936 (54.9%) |
| Renter Occupied HU | 662 (38.8%) |
| Vacant Housing Units | 106 ( 6.2%) |
| Median Home Value | $291,818 |
| Average Home Value | $372,019 |
Housing Distribution
Address Breakdown
Residential
1,347
Single Family
1,307
Multi-Family
40
Businesses
94
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Listed by: Ruben Benitez • Joy Realty Group
Mls Name: TCMLS
Mls ID: #234996