245 W Oakland StreetFarmersvilleCA93223
Nearby investment properties with comparable rents
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
Total monthly income runs $2,432/mo, and a $4,106/mo payment. Purchase price stands at $839,000, and rental yield measures 3.48% with $2,432/mo rent. Return on cash invested shows 8.07% in year one, and 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 39.33% and total cumulative return in cash records $108,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,432/mo property income covering a $4,106/mo payment rather than investor’s personal income.
Multi Family
Built in 1965
1.87 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theodore L Jeske • Pimentel Realty Group
Mls Name: TCMLS
Mls ID: #233029