24346 Ave 106Terra BellaCA93270
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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 Terra Bella at 24346 Ave 106, Terra Bella, CA, 93270 offers a 3.09% rental yield on a $795,000 purchase with $2,044/mo rent. 88% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 32.93% and total cumulative return in cash at $86,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,044/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93270, Terra Bella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,650 (100%) |
| Owner Occupied HU | 868 (52.6%) |
| Renter Occupied HU | 653 (39.6%) |
| Vacant Housing Units | 129 ( 7.8%) |
| Median Home Value | $337,572 |
| Average Home Value | $401,357 |
Housing Distribution
Address Breakdown
Residential
886
Single Family
886
Multi-Family
0
Businesses
103
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Listed by: Quinn Atherton • Bloom Group, Inc.
Mls Name: TCMLS
Mls ID: #237987