309 E San Joaquin StAvenalCA93204
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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 Avenal at 309 E San Joaquin St, Avenal, CA, 93204 uses $69,615 cash to close to unlock $6,897/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $1,874/mo, and a $1,028/mo payment keeps the spread at $575/mo. Purchase price stands at $210,000, and rental yield measures 10.71% with $1,874/mo rent. Return on cash invested shows 29.82% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 155.97% and total cumulative return in cash records $108,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,874/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1938
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: Efrain T. Cervantes • PAK Home Realty
Mls Name: Fresno MLS
Mls ID: #635950