316 San Benito StAvenalCA93204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 316 San Benito St, Avenal, CA, 93204 with 5% annual appreciation on a $329,000 basis while $2,584/mo rent supports operations. Total monthly income totals $2,584/mo and a $1,610/mo payment preserves $549/mo for cash returns. Annual cash flow comes to $6,588/yr on $109,064 deployed, and return on cash invested reaches 25.95% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 9.42%. Five-year ROI measures 135.26% and total cumulative return in cash totals $147,525.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,584/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
6,242 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Edlund • Commercial West Associates
Mls Name: Fresno MLS
Mls ID: #622624