23174 Road 6ChowchillaCA93610
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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
Investment property for sale in Chowchilla at 23174 Road 6, Chowchilla, CA, 93610 listed at $1,200,000 pairs $1,870/mo rent with a $5,873/mo payment. Total monthly income runs $1,870/mo. Return on cash invested measures 3.23% in year one, and rental yield registers 1.87% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 13.3% and total cumulative return in cash totals $51,695. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,870/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1960
18 Acres 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
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Listed by: Terrie Ashley • London Properties Ltd, Chowchi
Mls Name: CRMLS
Mls ID: #MC25192905