29865 Horseshoe DrCoarsegoldCA93614
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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 Coarsegold at 29865 Horseshoe Dr, Coarsegold, CA, 93614 generates $3,089/mo in rent and, after a $1,786/mo payment, leaves $600/mo in cash flow. Total monthly income is $3,089/mo, and annual cash flow is $7,204/yr on $120,964 invested. Return on cash invested sits at 25.86% in year one, and rental yield is 10.16% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 135.63% and total cumulative return in cash sums $164,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,089/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.38 Acres lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93614, Coarsegold, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,955 (100%) |
| Owner Occupied HU | 3,760 (75.9%) |
| Renter Occupied HU | 691 (13.9%) |
| Vacant Housing Units | 504 (10.2%) |
| Median Home Value | $445,289 |
| Average Home Value | $505,009 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,561
Multi-Family
0
Businesses
174
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Listed by: Mark D. Campbell • Modern Broker
Mls Name: Fresno MLS
Mls ID: #628564