2537 W Verde AveCaruthersCA93609
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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
Rental property for sale in Caruthers at 2537 W Verde Ave, Caruthers, CA, 93609 priced at $400,000 pairs $2,568/mo rent with $93/mo cash flow after a $1,958/mo payment. Total monthly income equals $2,568/mo, and annual cash flow comes to $1,120/yr on $132,600 invested. Return on cash invested is 20.75% in year one, and rental yield stands at 7.7% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 107.39% and total cumulative return in cash reaches $142,396. For financing, Ziffy Mortgage’s DSCR program evaluates $2,568/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
9,596 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93609, Caruthers, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,644 (100%) |
| Owner Occupied HU | 826 (50.2%) |
| Renter Occupied HU | 739 (45.0%) |
| Vacant Housing Units | 79 ( 4.8%) |
| Median Home Value | $347,458 |
| Average Home Value | $397,458 |
Housing Distribution
Address Breakdown
Residential
1,256
Single Family
1,256
Multi-Family
0
Businesses
123
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Listed by: Steve B. Turner • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #630170