3106 Farris AveCeresCA95307
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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 Ceres at 3106 Farris Ave, Ceres, CA, 95307 earns $110/mo cash flow from $2,888/mo rent with a $2,198/mo payment. Total monthly income totals $2,888/mo, and annual cash flow totals $1,320/yr on $148,844 capital. ROI tracks 20.8% on current figures, and rental yield reads 7.72% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 107.62% and total cumulative return in cash sums $160,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,888/mo property income instead of your personal income.
Single Family
Built in 1962
9,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95307, Ceres, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,374 (100%) |
| Owner Occupied HU | 8,221 (61.5%) |
| Renter Occupied HU | 4,863 (36.4%) |
| Vacant Housing Units | 290 ( 2.2%) |
| Median Home Value | $471,243 |
| Average Home Value | $519,886 |
Housing Distribution
Address Breakdown
Residential
13,247
Single Family
12,602
Multi-Family
645
Businesses
957
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Listed by: Michael LeRoy • Weeks Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225033630
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