307 E Polk StCoalingaCA93210
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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
Investment property for sale in Coalinga at 307 E Polk St, Coalinga, CA, 93210 uses $58,013 cash to close to unlock $3,803/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $857/mo payment keeps the spread at $317/mo. Purchase price stands at $175,000, and rental yield measures 9.6% with $1,400/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 138% and total cumulative return in cash records $80,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93210, Coalinga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,998 (100%) |
| Owner Occupied HU | 2,418 (48.4%) |
| Renter Occupied HU | 2,175 (43.5%) |
| Vacant Housing Units | 405 ( 8.1%) |
| Median Home Value | $300,407 |
| Average Home Value | $332,142 |
Housing Distribution
Address Breakdown
Residential
4,614
Single Family
4,081
Multi-Family
533
Businesses
362
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Listed by: Juan Carlos Mora • London Properties, Ltd.
Mls Name: Fresno MLS
Mls ID: #641519