31612 Duke RdNorth ForkCA93643
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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 North Fork at 31612 Duke Rd, North Fork, CA, 93643 uses $127,628 cash to close to unlock $3,152/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $2,644/mo, and a $1,884/mo payment keeps the spread at $263/mo. Purchase price stands at $385,000, and rental yield measures 8.24% with $2,644/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 116.08% and total cumulative return in cash records $148,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,644/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1970
4.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93643, North Fork, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,529 (100%) |
| Owner Occupied HU | 950 (62.1%) |
| Renter Occupied HU | 271 (17.7%) |
| Vacant Housing Units | 308 (20.1%) |
| Median Home Value | $541,226 |
| Average Home Value | $526,047 |
Housing Distribution
Address Breakdown
Residential
1,278
Single Family
1,278
Multi-Family
0
Businesses
134
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Listed by: Jordan A. Mulrooney • RE/MAX Success
Mls Name: Fresno MLS
Mls ID: #629989