2432 Hicks DrSelmaCA93662
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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 Selma at 2432 Hicks Dr, Selma, CA, 93662 earns $377/mo cash flow from $2,696/mo rent with a $1,835/mo payment. Total monthly income totals $2,696/mo, and annual cash flow totals $4,519/yr on $124,313 capital. ROI tracks 23.54% on current figures, and rental yield reads 8.63% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 122.34% and total cumulative return in cash sums $152,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,696/mo property income instead of your personal income.
Single Family
Built in 1976
8,637 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93662, Selma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 4,965 (53.5%) |
| Renter Occupied HU | 3,990 (43.0%) |
| Vacant Housing Units | 318 ( 3.4%) |
| Median Home Value | $355,755 |
| Average Home Value | $401,435 |
Housing Distribution
Address Breakdown
Residential
8,992
Single Family
8,389
Multi-Family
603
Businesses
769
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Listed by: Ken Neufeld • London Properties, Ltd.
Mls Name: Fresno MLS
Mls ID: #640171