301 E Merced StreetAvenalCA93204
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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 Avenal at 301 E Merced Street, Avenal, CA, 93204 generates $1,731/mo in rent and, after a $612/mo payment, leaves $958/mo in cash flow. Total monthly income is $1,731/mo, and annual cash flow is $11,490/yr on $41,438 invested. Return on cash invested sits at 47.64% in year one, and rental yield is 16.62% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 251.58% and total cumulative return in cash sums $104,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,731/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93204, Avenal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,621 (100%) |
| Owner Occupied HU | 1,120 (42.7%) |
| Renter Occupied HU | 1,400 (53.4%) |
| Vacant Housing Units | 101 ( 3.9%) |
| Median Home Value | $242,349 |
| Average Home Value | $333,054 |
Housing Distribution
Address Breakdown
Residential
2,557
Single Family
2,407
Multi-Family
150
Businesses
158
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Listed by: Cindy Cobian • Independent Broker Network
Mls Name: TCMLS
Mls ID: #238734