29696 Auberry RdPratherCA93651
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 29696 Auberry Rd, Prather, CA, 93651 in Prather is narrow, $111/mo net on $1,898/mo rent after the $1,300/mo debt service, but the property operates at break-even-plus, not a loss. At $289,000 with a 7.88% yield, the long-run equity case via 5% appreciation ($79,845 over five years) and $2,662/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.46 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $116,644.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.0% |
| Monthly Cash Flow | $111 | $300 |
City averages based on Prather market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,898 |
| Total Monthly Debt Service | $1,673 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93651, Prather, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 474 (78.7%) |
| Renter Occupied HU | 77 (12.8%) |
| Vacant Housing Units | 51 ( 8.5%) |
| Median Home Value | $558,654 |
| Average Home Value | $572,706 |
Housing Distribution
Address Breakdown
Residential
484
Single Family
484
Multi-Family
0
Businesses
76
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
Single Family
Built in 1981
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93651, Prather, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 474 (78.7%) |
| Renter Occupied HU | 77 (12.8%) |
| Vacant Housing Units | 51 ( 8.5%) |
| Median Home Value | $558,654 |
| Average Home Value | $572,706 |
Housing Distribution
Address Breakdown
Residential
484
Single Family
484
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kasey L. Christensen • Milestone Real Estate
Mls Name: Fresno MLS
Mls ID: #629216